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PG&E subrogation pursuit gains pace

Chubb, Allstate and Liberty Mutual are among insurers seeking reimbursement for claims from the utility.

Bernard Goyder, 03 June 2019
Catco 2018 loss worsens by 11% amid Jebi and Michael creep

The deterioration pushed the retro fund’s 2018 loss to 46.7 percent for C shares.

Emmanuel Kenning, 03 June 2019
For carriers that launched InsurTech initiatives, the constant round of failures and non-starters may not be worth it

Now that InsurTech funding seems to be on a distinctly downward trajectory, where will the backing for innovation come from in the future?

Matthew Neill, 03 June 2019
Zurich closes $2bn life purchase from ANZ Banking Group

The acquisition takes Zurich’s share of the Australian retail life market to around 20 percent.

John Hewitt Jones, 03 June 2019
Palomar adds $200mn to top of reinsurance tower

California-based insurer has expanded its reinsurance coverage during what was a fairly flat renewal for the carrier.

Christopher Munro, 01 June 2019
Universal P&C adds $134mn limit to Florida reinsurance treaty

The company’s reinsurance spend as a proportion of earned premium rose to 33.3 percent – up 2 percentage points.

Emmanuel Kenning, 31 May 2019
Zurich, Fidelis and HDI join CFC backers

Lloyd’s remains the MGA’s largest capacity provider.

Catrin Shi, 31 May 2019
AM Best goes negative on Greenlight Re amid total return model scrutiny

The rating agency’s decision issued Friday mirrors a recent shift on the outlook for hedge fund reinsurer Third Point Re.

Christie Smythe, 31 May 2019
Reinsurers squeeze Floridians but wide-scale repricing absent

Huge differentiation in outcomes for buyers as reinsurers reward quality cedants.

Adam McNestrie, 31 May 2019
Hive Aero enters war third-party liability market with $47.5mn capacity

The aviation specialist MGA has paper from Arch and Beazley to write the niche AVN52 class.

John Hewitt Jones, 31 May 2019

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