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Fitch estimates EUR3bn reinsurance impact from European storms
Reinsurance recoveries will depend on whether losses are aggregated, the ratings agency said.
Liz Bury
,
24 February 2022
Analysts welcome Scor’s ‘decent’ Q4 earnings beat
Future large catastrophe events and new Covid-19 variants remain risk factors for 2022’s earnings.
Rachel Dalton
,
24 February 2022
Axa XL in ‘business as usual mode’ after profit turnaround: De Courtois
Axa XL has worked to trim volatility, reducing nat-cat reinsurance exposure by 40% and restructuring its reinsurance retentions.
Samuel Casey
,
24 February 2022
Optio hires Tominey and increases W&I line size to £20.5mn
The moves build out the MGA's W&I capabilities following the acquisition of W&I-focused MGA Brockwell Capital earlier this month.
Luke Harrison
,
24 February 2022
RiverStone strikes ground-breaking split RITC for MS Amlin UK P&C book
The deal allows MS Amlin to carve out the P&C portfolio for 2019 and prior years in an industry first.
Rachel Dalton
,
24 February 2022
Scor orders staff to return to office for half of working time
CEO Laurent Rousseau told employees face-to-face contact is “essential” to the business.
Rachel Dalton
,
24 February 2022
Conduit Re reports year-one combined ratio of 119%
Gross written premiums came to $378.8mn in its first year of trading, with an indicative renewal rate increase of 13.7%.
Liz Bury
,
24 February 2022
Broker consolidators: Is the roll-up growth model running out of road?
The forthcoming sale of GRP highlights key questions about this stage of the UK broking consolidation play.
Rachel Dalton
,
24 February 2022
Scor Global P&C profit up 32% for Q4 as CoR improves
The carrier booked EUR838mn of cat losses for 2021, equal to 12.8% of premium.
Rachel Dalton
,
24 February 2022
Axa XL posts EUR1.2bn profits in 2021 and 97.1% combined ratio
The figures reflect a major turnaround from 2020, when the carrier was heavily impacted by Covid-19 claims.
Samuel Casey
,
24 February 2022
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