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Ida flooding causes state of emergency in New York City

The storm has moved north across the US after making landfall in Louisiana at the weekend.

Samuel Casey, 02 September 2021
Enstar completes $217mn purchase of Hillhouse Enhanzed Re stake

The reinsurer was launched as a joint venture with Enstar, Allianz and Hillhouse in 2018.

Samuel Casey, 02 September 2021
‘This was no miracle’: Berger on the Swiss Re CorSo turnaround

The executive spoke candidly about past management issues at the firm and expressed confidence about the long-term health of the business.

Samuel Casey, 02 September 2021
Ida’s impact on energy facilities to last long into the year: Adapt Ready

The energy market is being watched closely due to its potential to produce large risk losses.

Samuel Casey, 02 September 2021
Everest Re hires Citigroup’s Modin as Mt Logan Re president

Modin will succeed David Whiting, who is retiring after a 45-year career in the reinsurance industry.

Jairo Ibarra, 02 September 2021
CoreLogic predicts Ida losses to cost industry between $14bn and $21bn

The company predicts that total insured and uninsured losses from the storm overall will amount to between $27bn and $40bn.

Eli Rallo, 02 September 2021
Swiss Re takes Axa XL cyber insurance chief Coletti for top cyber re post

Coletti takes the role previously held by Anthony Cordonnier, who recently joined reinsurance broker Guy Carpenter.

James Thaler, 01 September 2021
Hartford share price spikes 5% on Chubb speculation

The surge likely reflects talk in the buy-side community fuelled by tracking the latter's private jet.

Adam McNestrie, 01 September 2021
QBE Re names Gibbons to lead expanded Bermuda office

The reinsurer has also appointed Greg van der Made as treaty underwriter and David Cary as underwriting manager.

Eileen AJ Connelly, 01 September 2021
Over 26,000 buildings impacted by flooding following Ida: ICEYE

The area of Laplace was the worst impacted on ICEYE’s list, with a total of 10,390 structures affected, 370 of which were in a high depth of water.

Alex Frampton, 01 September 2021

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