Asia Pacific
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The council has begun gathering data to assess the insurance impact. -
Behind Axa XL, Convex wrote a 9.5% line on the all-risks reinsurance programme.
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The storms struck Victoria, New South Wales and Queensland.
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Insight into the insurance M&A market, powered by Insurance Insider’s deal database.
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The move follows objections from the Singapore government.
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The deterioration was driven by increased operating expenses.
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The international segment’s net written premium grew 15.8%.
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Parent MS&AD highlighted “strong underwriting fundamentals”.
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The vehicle will leverage global reinsurance market capacity in the event of a natural disaster.
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The ratings agency said the upgrade reflects an improvement in GIC Re’s balance-sheet strength.
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We may be in the midst of US hurricane season, but international catastrophe losses can emerge at any moment.
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