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Cat renewals at 1 April worse than expected
Initial indications that the 1 April catastrophe renewals would provide some respite for reinsurers have proven misleading as firm order terms hit the market with heavy rate reductions.
24 March 2014
QBE to raise more than $1.25bn on equity markets
Australian carrier QBE has announced plans to raise $750mn through a placement and share purchase plan, and another $500mn through partially floating its mortgage arm
19 August 2014
US winter insured losses of $2.3bn are lower than last year: Munich Re
The long and cold US winter of 2014/15 is actually estimated to have generated a lower level of insured losses than 2013/14, according to Munich Re.
David Bull
,
09 April 2015
BMS appoints specialty reinsurance director
Steven Herbert has been appointed director of BMS Group's specialty reinsurance division, the independent broker announced today (6 January)
Jenny Messenger
,
06 January 2015
Capital returns less likely at continental giants
In contrast to their Bermuda and London-based peers, analysts have been less bullish on the prospect of capital returns at continental reinsurers.
10 October 2012
Cat market even softer than anticipated
Cat pricing looks like it will soften even more at the crucial 1 January renewals than predicted two to three months ago, according to sources.
04 December 2013
Texas tornadoes to cost insurers more than $650mn
A spate of tornadoes that struck the Denton area of north Texas on 3 April may cost insurers more than $650mn, broker Aon Benfield said today (7 May) in the latest monthly report from its cat modelling unit Impact Forecasting.
07 May 2014
Axis Q2 CoR drops to 88.9% on favourable reserve development
The carrier had $20mn in reserve releases in the quarter, compared to nil in Q2 2024.
Kyoung-son Song
,
29 July 2025
London (re)insurers less dependent on reserve releases in 2012
The pre-tax profits of the quoted London market (re)insurers improved in 2012, driven by lower catastrophes but also by improved technical underwriting returns.
18 March 2013
Case: the market must change faster than its clients
The global (re)insurance market must evolve faster than its customers to stay relevant in a fast-changing risk landscape. This was the assessment of Aon plc CEO Greg Case in an Insurance Institute of London lecture at the Old Library at Lloyd's last week.
14 April 2014
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