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Swiss Re nine-month profit up 23% but CorSo loss spirals
Remedial action at the carrier's primary P&C arm pushes the unit to a $441mn loss.
Rachel Dalton
,
31 October 2019
US authorities ‘get the message’ on PFIC concerns: Watford Re CEO
John Rathgeber said IRS tax changes were unlikely to jeopardise the carrier’s business model.
John Hewitt Jones
,
31 October 2019
Travelers to deploy AI from Groundspeed in tech push
Travelers will use AI to extract risk information from documents submitted by brokers
Bernard Goyder
,
31 October 2019
APCIA gripped by uncertainty as cat creep, social inflation and retro stoke fears
The conference in Boston also flagged anxiety about a third year of wildfire losses from California.
Christopher Munro
,
31 October 2019
Ascot launches US management liability and financial lines division
The new business segment will target premiums of about $50mn-$100mn over the next five years.
John Hewitt Jones
,
31 October 2019
Fire takes hold near Reagan Library in Simi Valley
Wildfire reconstruction costs in California to exceed $535mn, data from CoreLogic shows.
Bernard Goyder
,
31 October 2019
Hagibis to cost industry circa $15bn: RenRe's O'Donnell
O'Donnell said the market is “missing the point” about the dangers of climate change.
Bernard Goyder
,
30 October 2019
Arch open for more large commercial property risk
The company is among just a few carriers looking to write more business, CEO Marc Grandisson claims.
Christopher Munro
,
30 October 2019
Markel avoiding the worst of social inflation: Richie Whitt
The executive was talking to analysts during a call to discuss Markel’s third-quarter 2019 results.
Christie Smythe
,
30 October 2019
Chubb’s Greenberg highlights rate hike acceleration in Q3
The CEO says pricing on London wholesale lines was up 17 percent in the quarter.
Rachel Dalton
,
30 October 2019
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