Insurers
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As with 2024, pricing pressure has been most acute on top layers. -
The Japanese carrier noted the impact of increasing natural disasters.
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The syndicate-in-a-box is the first Lloyd’s syndicate to operate outside London.
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Tornadoes have killed at least 32 people in three states.
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The targeted uplift comes after Mercury ceded nearly $1.3bn of wildfire losses to reinsurers in Q1.
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Plus the latest people moves and all the top news of the week.
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The programme will succeed the previous buyback launched in 2023.
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Competition is high in specialty reinsurance as new capacity enters the market.
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The carrier’s overall P&C combined ratio improved 0.1 points to 91.8%.
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The undiscounted combined operating ratio worsened slightly to 96.6%.
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The Bermudian's first quarter cat losses totalled $333.3mn, compared to $103mn a year ago.
Most Recent
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MS Re books 88.7% 2024 CoR, GWP up 17.6%
20 May 2025 -
Daily Digest: Top news from 20 May
20 May 2025