Reinsurers

The association is to focus on underwriting standards, PPL and data.

The mutual has no restrictions governing the potential sell-down of its 8.4 percent stake in the French reinsurer.

Covéa now looks favourite to seal a deal to acquire PartnerRe for more than $9bn, after the giant French mutual insurer was foiled in its attempts to acquire Scor in 2018/19.

Sources told this publication that the outlines of a deal are already in place.

RBC and Jefferies cut growth expectations after carrier reveals cat losses and reinsurance premium reduction.

Chaucer leads the standalone cover, bought after the Chilean retailer’s property policy excluded the risk.

Significant rate growth continues to elude reinsurers, while PartnerRe hunts for a new home.

No early indication that reinsurance pricing is catching up with insurance rate acceleration.

Lloyd’s has appointed the veteran broker with immediate effect.

Global P&C CEO Jean-Paul Conoscente says recent Japanese losses triggered a rethink.

Property, aviation and marine cargo were among the fastest risers.

The shares dip as large loss numbers exceed expectations.