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A roundup of all the news you need today, including AM Best’s upgrade of Lloyd’s FSR. -
IGI’s reinsurance unit lifted underwriting profits but short-tail specialty dropped year-on-year.
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It will be led by Valeria Del Villano, who was head of international renewables at AIG.
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Hussain said the firm’s exposure to the CrowdStrike losses was “immaterial”.
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Severe thunderstorms, mainly in the US, accounted for 70% of insured losses globally.
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Hiscox said in its big-ticket businesses, “positive market conditions have persisted”.
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James River will also oppose a Fleming motion to uncover additional documents.
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Cat losses added 8.4 points to the combined ratio.
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W&I premium rates have fallen as low as 0.4% in the UK.
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Improved underwriting and investment results lifted the group’s international performance.
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A roundup of all the news you need today, including TSR’s hurricane forecast revisions.
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The NHC has said there is potential for “historic heavy rainfall” across southeast Georgia and South Carolina.
