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Mapfre Re falls to Q4 loss as combined ratio swells 16.2 points

Chilean riot losses of about EUR20mn and almost EUR107mn in Japanese typhoon claims weigh on the final months of the year.

Laura Board, 12 February 2020
IAG to recoup A$380mn from reinsurers after heavy disaster losses

The carrier made recoveries under last year’s aggregate cover and its fiscal-year stop loss.

Rachel Dalton, 12 February 2020
Axa and McGowan form entertainment joint venture

The combined vehicle will write P&C cover for amusement parks, arcades and carnivals.

Rachel Dalton, 12 February 2020
A&H commissions squeezed as London market shows first signs of turn

Rates are starting to move in some areas of the line, which has been flagged for lacklustre price changes.

Samuel Casey, 12 February 2020
B3i reveals blockchain software placed 30 cat treaties at 1.1

Nine cedants including Allianz and Generali were involved in the pilot.

Bernard Goyder, 12 February 2020
Watford narrows net loss by 82% in Q4

The reinsurer reported a net loss of $16.9mn for Q4, substantially improving from a loss of $90.4mn in the same period a year earlier.

John Hewitt Jones, 12 February 2020
Arch sees Q4 earnings boost from lower cat losses

The Bermudian reported operating earnings of $0.74 per share for Q4, up 61 percent from the same period a year earlier.

Christie Smythe, 12 February 2020
Public sector cyber claims not all they seem: Travelers’ Chang

New York State is reviewing two bills that would ban US municipalities from making ransomware payments.

John Hewitt Jones, 12 February 2020
IUMI moves to tackle containership fires

The marine insurance union predicts coronavirus will be “small black swan event”.

Rachel Dalton, 12 February 2020
Market shifting from ‘U’ to a ‘W’: Everest Re’s Doucette

The executive told analysts that reinsurance rates are starting to climb in certain areas, offering opportunities.

Christie Smythe, 11 February 2020

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