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Reinsurers may now be less well hedged, with more volatile earnings profiles

A striking feature of this year’s 1 January renewal has been the changing approach to aggregate retrocession covers.

Rachel Dalton, 06 January 2020
Hurricane Laura to weaken to tropical storm later today

The NHC reiterated its warning of “life-threatening” storm surge as the storm rapidly loses strength.

Catrin Shi, 27 August 2020
BP Marsh says it is ‘no less busy’ because of Brexit

The investor’s net asset value rises more than 8 percent in the first half.

Anna Sagar, 15 October 2019
Alleghany Q3 loss less than expected despite cats

Alleghany reported a third quarter operating loss of $331.6mn that was significantly better than forecast by Wall Street as it took after-tax cat losses of $491mn in the period.

David Bull, 03 November 2017
Fears of capacity shortage for some reinsurance covers

In a (Re)Connect discussion, panellists said outcomes varied significantly by line and territory but capacity supply was more constrained heading into 1 January.

Rachel Dalton, 14 September 2020
Beazley posts better-than-forecast H1 loss of $13.8mn

The carrier reports stronger than expected GWP growth and renewal rates expansion of 11%.

Anna Sagar, 23 July 2020
Skuld fiscal 2020 profit more than doubles on strong investments

The P&I club says rates must rise on its mutual book of business to come into line with risk.

Samuel Casey, 15 May 2020
Trade body forecasts insured Beirut blast losses at more than $2bn: report

The Association of Insurance Companies in Lebanon estimates economic losses of up to $10bn, with about 30% insured.

Anna Sagar, 11 August 2020
BMS hires Almenara as LatAm and Caribbean non-executive director

Manuel Almenara worked at Willis Re Latin America and Caribbean for 21 years until 2015 before moving to InsurTech Hello Zum.

Anna Sagar, 22 December 2020
The Week in 90 Seconds: July renewals update; Willis Re’s alternative futures; D&F discipline in the balance

Plus the lowdown on CFC’s syndicate capacity and all the top news from the week.

Rachel Dalton, 25 June 2021

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