RenaissanceRe
-
Plus, the latest people moves and all the top news of the week. -
Rates pulling back will rein in some of the excess margin obtained over the past three years, he said.
-
The property segment reported a combined ratio of 15.5% for the quarter, versus 60.3% a year ago.
-
Improved performance and growing investment returns played a role in the upgrade.
-
Cat portfolios generally grew, but casualty approaches varied.
-
Wind season remains an important variable, but also might not change current dynamics significantly.
-
The property segment reported a CoR of 27.4% for the quarter, down 26.5 points year on year.
-
The reinsurer has also appointed Mehdi Benleulmi as global head of credit.
-
Chance Gilliland spent a decade at Chubb underwriting property binders.
-
The firm said supply and demand was becoming more in balance than at 1 January renewals.
-
The property segment experienced a 113.5-point impact from the California wildfires.
-
He will oversee Ascot’s US and Bermuda insurance and reinsurance companies.
