Jeff Kuntz

Willis Re: 2020 annual nat cat losses reach $78bn

Of the largest insured losses from single events last year, the top eight occurred in the US.

Jeff Kuntz, 02 February 2021

KCC pegs 2020 Atlantic hurricane season losses near $22bn

Last year’s season was “unprecedented” in terms of frequency, but not in terms of severity.

Jeff Kuntz, 26 January 2021

B3i launches blockchain-based risk transfer platform Eurapco Unity

Marine insurance and reinsurance are target business areas, the project partners said.

Jeff Kuntz, 26 January 2021

Travelers expands agg cover at higher trigger level after full loss in 2020

US hurricanes, storms, wildfires and civil unrest resulted in the carrier’s net cat loss burden doubling to $1.6bn.

Jeff Kuntz, 21 January 2021

PartnerRe sidecar secures investment from PE firm Olympus Partners

The retro and specialty vehicle launch comes as PartnerRe expands in retro and ILS.

Jeff Kuntz, 21 January 2021

Stable creates collateralised insurer to manage agricultural price volatility

Ascot will provide the reinsurance support for the index-based crop products.

Jeff Kuntz, 18 January 2021

Willis Re: 1.1 renewals ‘arrested and reversed’ downward drift

The broker’s 1st View report said rate change may have disappointed some reinsurers but remediation focused on specific stressed pockets of business.

Fiona Robertson, 04 January 2021

Cayman Islands reinsurers form industry group

Founding CIRCA members include Greenlight Re and Barents Re, as well as Knighthead and Nassau Re, whose senior executives take chair and vice chair roles.

Jeff Kuntz, 29 December 2020

November cats push US insured loss estimates above $1bn

Aon’s Impact Forecasting put total insured losses across various events including Hurricane Eta at $1.2bn or more.

Jeff Kuntz, 10 December 2020

CCRIF pays $30mn to Nicaragua after hurricanes Iota and Eta

Both storms had landed in the country as category 4 storms within a two-week period.

Jeff Kuntz, 09 December 2020

Willis Re predicts more capital raising amid Covid uncertainty

Carriers have raised $19bn so far this year, with another $3bn in the pipeline, the broker says.

Jeff Kuntz, 08 December 2020

Hungenberg takes up Axis Re European property role

Based in Zurich, the former Schroders executive will become senior property underwriter for France, Benelux, Iberia and Africa.

Jeff Kuntz, 02 December 2020

ERS saves Arcus with last-minute acquisition from Credit Suisse

The deal will accelerate the pivot of the acquirer from motor insurer to multi-class specialty player.

Adam McNestrie, 01 December 2020

Hamilton establishes third-party capital manager for collateralised retro

Ada Capital will underwrite on behalf of new special purpose insurer Ada Re.

Jeff Kuntz, 23 November 2020

Suncorp BI reserves unaffected by Australian Covid test case ruling

Both Suncorp and QBE said multiple tests applied to trigger BI coverage, with QBE saying aggregate reinsurance should mitigate net exposure.

Jeff Kuntz, 19 November 2020

PartnerRe falls to Q3 underwriting loss as net premiums drop

The carrier said its new EUR750mn funds from Covea would help to reduce financing costs.

Jeff Kuntz, 19 November 2020

Aon launches Asia Pacific capital advisory unit

The move follows a series of launches of similar units in the UK and US.

Jeff Kuntz, 18 November 2020

Hurricane Iota could hit Nicaragua as Category 5 storm: NHC

Its present track would see Iota become the third tropical storm to land in Nicaragua this month.

Jeff Kuntz, 16 November 2020

TS Eta makes second Florida landfall near Cedar Key

The storm struck a state park area around 135 miles north of Tampa.

Jeff Kuntz, 12 November 2020

US wildfire losses to top $8bn: Impact Forecasting

Over 10,000 structures have been destroyed in California alone, Aon said.

Jeff Kuntz, 12 November 2020

Eta forecast revised back to second storm strike on Florida coast

A hurricane watch is in effect for a 150-mile stretch on either side of Tampa.

Jeff Kuntz, 11 November 2020

Louisiana Citizens cedes $94mn storm losses to reinsurers

The last-resort carrier met its retention after Hurricane Laura, but expects over $128mn in total insured losses from the 2020 storm season.

Jeff Kuntz, 10 November 2020

Eta in line for second Florida landfall after flash floods in southern state

Forecasts show Eta affecting the southern tip of Florida as it turns in the Gulf of Mexico.

Jeff Kuntz, 09 November 2020

Zeta could become Cat 2 before Louisiana landfall near New Orleans

The storm has gained strength after earlier forecasts put it at a Cat 1 landfall strike.

Jeff Kuntz, 28 October 2020

Zeta threatens to hit US Gulf on Wednesday as Cat 1

Forecasts point to landfall on the Louisiana/Mississippi border, bringing rain and possible flash flooding.

Anna Sagar, 26 October 2020

Minor Q3 windstorms may reap bigger changes in Florida market

Repeated pelting from smaller cat losses presents a host of challenges for carriers.

Jeff Kuntz, 26 October 2020

Munich and Hannover gun for 1.1 European rate rises

The reinsurers point to falling interest rates and loss experience as the basis for further hardening.

Jeff Kuntz, 20 October 2020

Hannover Re expects ‘significant’ rate hike on European cat reinsurance

Lower capacity will have an effect, but the company hopes to avoid severe retro rate rises.

Jeff Kuntz, 19 October 2020

Florida Farm Bureau Group ratings downgraded by AM Best

The rating actions follow "diminished results" since 2016, the agency said.

Jeff Kuntz, 14 October 2020

AIR estimates Delta losses at $1bn-$3bn

Claims forecasts have so far fallen in line with loss expectations well below $5bn.

Jeff Kuntz, 14 October 2020

Jeff Kuntz

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