Property

The insurance policies are underwritten by HDI Global.

The news follows on the back of AIG discussing concerns over concentration in private client group

The modelling company’s range for the European storm is significantly higher than the $680mn cost forecast by actuarial consultants Meyerthole Siems Kohlrus.

When I am interviewing prospective new reporters, I always make sure I counter any lingering impression they may have that a career in insurance journalism is going to be in any way boring.

Discussions ahead of the midyear renewals are now beginning in earnest.

RMS says 9,000 households remained without power as of Monday following the deadliest day for tornadoes in the US for almost nine years.

Transaction numbers declined marginally year on year.

California has a wildfire problem. That much is abundantly clear after two consecutive years of record wildfire losses in 2017 and 2018.

Repeated record wildfire losses have seen carriers scale back their offerings.

Aside from the noise around elevated catastrophes and lacklustre renewals, Q4 underlying loss ratios continued to rise.

A sharply declining loss ratio leads to a 25.7-point improvement in the unit's combined ratio.

The reinsurer will become the first scheme of its kind to offer non-damage business interruption cover.