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Bermudian stocks hold firm after Q3 loss disclosures
Axis, RenRe, Arch and Everest Re trade roughly in line with the S&P 500.
Rachel Dalton
,
14 October 2020
Arch estimates cat losses at $190mn-$210mn on storms and wildfires
The Bermudian is adding $10mn-$15mn to its Covid loss estimate as claims climb.
Bernard Goyder
,
14 October 2020
RenRe hit by $325mn in third quarter cats driven by Laura, Sally
The reinsurer also cited West Coast wildfires, the August derecho, Hurricane Isaias and Typhoon Maysak as contributing to the total.
James Thaler
,
14 October 2020
Axis expects to take $225mn-$255mn pre-tax charge from Q3 claims
The carrier also says its Q1 Covid-19 loss estimate remains at $235mn.
John Hewitt Jones
,
14 October 2020
Fac MGA Insight Re opens for business with AM Best A- paper
The venture is led by Guillermo Eslava, a former Swiss Re and Brit underwriter who briefly joined Argo in 2019 as head of LatAm casualty.
Bernard Goyder
,
13 October 2020
Hendrick joins Iordanou start-up as CEO as top team assembles
The reinsurer dubbed "Vantage" also secures Aurora Swithenbank as CFO.
Adam McNestrie
,
13 October 2020
Cyber needs ‘common language’ to contain exposures: Iftrip panellists
Speakers say clarity on coverage will limit cyber aggregation risk.
Anna Sagar
,
13 October 2020
Pan Re work de-escalated as UK government battles Covid-19 crisis
Government shift to immediate priorities and the complexity of the issues prompt a pause.
Adam McNestrie
,
13 October 2020
Cover Genius raises A$15mn in debt and equity financing
Funds will be used to expand in Southeast Asia, India, US and Europe.
Anna Sagar
,
13 October 2020
KCC puts Delta insured loss near $1.25bn
The modelling firm estimated $950mn would come from US losses, with $300mn in Mexico.
Kit Heren
,
13 October 2020
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