Hannover Re
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Carriers posted weaker top-line results but delivered improved combined ratios.
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Plus, the latest people moves and all the top news of the week.
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Property growth plans are cooling, but favourable loss trends will increase surplus capacity.
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The (re)insurer has a higher-than-average Jamaican market share.
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The group raised its full-year net income guidance to EUR2.6bn.
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The reinsurer plans to grow its US business at a higher rate than its non-US business.
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The carrier will pay special dividends only in exceptional circumstances.
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Continental composite carriers aim to smooth volatility with new initiatives.
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The former Hannover Re CEO said reinsurers must use alternative capital and tech.
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The reinsurer’s new CEO said he sees no need for a radical shift in strategy.
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The mid-year renewals point to mounting pressure on reinsurance pricing.
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Plus, the latest people moves and all the top news of the week.