Q1 results: Uneven international loss hits as growth varies

22 May 2023

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First-quarter results are only a partial insight into the start of a new year for London market carriers: limited disclosures give a hint of the themes ahead for the year, while this time around, new reporting standards adopted by some also created complexity in looking at the European reinsurers.

Most carriers were of course keen to talk about how they are taking on the post-1 January hard reinsurance market, in what was a much brighter set of results than a year ago due both to rate tailwinds and...

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Q1 results: Uneven international loss hits as growth varies

First-quarter results are only a partial insight into the start of a new year for London market carriers: limited disclosures give a hint of the themes ahead for the year, while this time around, new reporting standards adopted by some also created complexity in looking at the European reinsurers.

Fuel a smarter strategy with our actionable market intelligence

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Q1 results: Uneven international loss hits as growth varies

First-quarter results are only a partial insight into the start of a new year for London market carriers: limited disclosures give a hint of the themes ahead for the year, while this time around, new reporting standards adopted by some also created complexity in looking at the European reinsurers.

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Fuel a smarter strategy with our actionable market intelligence

Topics

Everest Q1 CoR up 14 points to 102.7% as reinsurance unit hit by wildfires

Axis Q1 CoR decreases 1 point to 90.2% despite higher cat losses

Hamilton Global Specialty cyber head Spencer-Sim to exit

Realistic growth expectation for reinsurance is 6%-7%: Arch CFO

Voss among multiple European TL resignations from Dual

PartnerRe non-life segment swings to Q4 profit

Travelers Europe chief information officer Kitchen exits for Marsh