-
The steep reduction in quantum stands to benefit specialty excess of loss reinsurers. -
Ascot Underwriting CEO Ian Thompson, who took the helm last summer, discussed emerging headwinds.
-
The programme structure was expanded, but it is unclear what percentage was placed.
-
The result is 1.1 points ahead of the midrange of a 6.4%-16.4% forecast.
-
The terrorism pool has shifted its programme from facultative to an XoL arrangement.
-
The combined ratio improved by 0.5 points to 75.7%.
-
The company also announced a EUR2bn share buyback.
-
CEO Andreas Berger addressed Swiss Re’s primary aviation exit.
-
The carrier announced a $175mn share buyback.
-
The carrier increased premium by 7% at the January renewals.
-
The firm projects losses from the fires at between $160mn-$190mn.
-
The carrier will look to grow business outside North America.
