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Maloney: Cat rates must go up 20% for Lancashire to write more
The Lancashire CEO also said his firm was considering adding new teams in niche, short-tail specialty lines.
Laura Board
,
01 August 2018
Carr and Mendocino wildfires endanger 14,700 structures
Firefighters are racing to stop the spread of fires, which have so far destroyed 972 homes.
John Hewitt Jones
,
01 August 2018
Generali P&C profit rises 3.8% in H1 as combined ratio improves
The Italian carrier announces the results as it nears the end of a restructuring programme.
John Hewitt Jones
,
01 August 2018
Greenlight Re Q2 loss widens as investment woes grow
The total-return reinsurer’s tie to David Einhorn’s Greenlight Capital has hurt.
Anthony Baldo
,
01 August 2018
XL positive on growth but insurance unit disappoints
Weaker reserve development and accident-year results undercut investment gains and other positives.
Gavin Davis
,
01 August 2018
Markel produces 29% earnings gain even as challenges rise
Underwriting profit fell as insurance and reinsurance combined ratios deteriorated.
Ted Bunker
,
01 August 2018
Third Point Re’s net drops sharply as investment income plummets
The Bermuda-based total-return reinsurer sees its net underwriting loss narrow by more than 50 percent.
Laura Sanicola
,
01 August 2018
Arch beats Q2 estimates as ROE rises on mortgage profitability
Mortgage underwriting profits increased 12 percent from the same period last year.
Iulia Ciutina
,
01 August 2018
Chubb, AIG and Arch lose appeal of a $40mn ruling for TIAA-CREF
Delaware Supreme Court rules against exclusion of class-action settlement costs.
Ted Bunker
,
01 August 2018
Cat bond market tapped to back $500mn in NFIP flood risk
The Federal Emergency Management Agency engaged Hannover Re for the 3-year issue.
Ted Bunker
,
01 August 2018
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