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London market
Beazley on track for FY CoR of ~80%
The carrier said an active hurricane season and a global cyber event had not altered its full-year guidance.
Rebecca Perkins
,
06 November 2024
Bermuda
Cat losses of $450mn send Arch’s Q3 CoR up 8.7 pts to 86.6%
The reinsurance CoR rose 12.3 pts to 92.3% following $364mn of cat losses in the quarter.
Jairo Ibarra
,
30 October 2024
NHC warns of flooding as Ernesto approaches Bermuda
Ernesto’s maximum sustained winds have reached 100 mph.
Abbie Day
,
16 August 2024
Reinsurers
Perils pegs Central Europe and Italy flood losses at EUR1.9bn
The firm is also integrating changes to its process to allow it to cover wider ground.
Abbie Day
,
04 November 2024
Reinsurers
Axa reaches settlement with DAE over jets stuck in Russia
The settlement was announced by DAE’s lawyer Alistair Schaff on day one of the aviation ‘mega trial’.
Abbie Day
,
03 October 2024
Talent
Crawford CCO Thompson departs after less than year in role
Wayne Manning will assume responsibility for the Lloyd’s and London market team.
Stephanie Denton
,
30 October 2024
Commercial lines
Gen Re’s Abel appointed manager of NA casualty fac as Brock retires
Brock served for nearly 37 years at the firm.
Kyoung-son Song
,
14 January 2025
Risk-adjusted economics for property reinsurance will be ‘terrific’ into 2025: Everest COO
The company plans to grow exposure for June 1 and July 1 renewals.
Kyoung-son Song
,
30 April 2024
Re/insurers
Westfield Specialty to launch specie account with Axis’s Benbow
The launch will add to a marine portfolio which already includes cargo and reinsurance accounts.
Samuel Casey
,
28 October 2024
Re/insurers
W&I rates remain soft despite M&A deal pickup
M&A levels have increased 23% year-to-date compared to 2023, according to Gallagher Specialty.
Ayesha Venkataraman
,
24 September 2024
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