October 2018/3
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In Lloyd’s performance drive, it may not be as simple as just dropping business because it’s unprofitable.
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Jebi is said to have hit third layers of some occurrence covers while Trami has eaten through back-up protections.
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As deadline day for SBF feedback looms, Lloyd’s appears to have stuck to its hard-line rhetoric on profitability.
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The additional $700mn in equity committed by Apollo is a huge vote of confidence in Catalina and the legacy market.
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State Farm writes more than a quarter of homeowners’ cover in the state. -
Analysts expect Q3 cat losses to be manageable for their covered (re)insurance companies.
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Reinsurers must be prepared for how much work is required to be an asset manager, said the Hiscox Re & ILS COO.
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The over-estimation of losses by modellers led the ILS market to raise capital amid anticipation of higher rates.
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The 1.3x book valuation allows Munich Re a graceful exit and the chance to focus on its other syndicate.
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Michael losses are likely to fall on the reinsurance market due to the low attachment points of the Floridian homeowners’ insurers.
Most Recent
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Former Munich Re exec Jeworrek to join RenRe board
24 March 2023 -
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24 March 2023
