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Berkshire Q2 reinsurance CoR rises 2.9 points to 81.8% despite no cat activity
Geico more than tripled U/W profits due to higher average premiums per auto policy and lower claims frequency.
Jairo Ibarra
,
03 August 2024
Ambac completes $282mn Beat Capital deal
The company announced in June that it had agreed to take a majority stake in the firm.
Samuel Casey
,
02 August 2024
Fairfax confident in reserving after hard market build: COO Clarke
The company recorded an undiscounted CoR of 93.9% in Q2.
Clark Mindock
,
02 August 2024
Talbot AIG lands Hiscox’s Hales for marine hull underwriting
Hales will switch to underwriting after a career specialising in marine claims.
Samuel Casey
,
02 August 2024
Daily Digest: Top news from 2 August
A roundup of all the news you need today, including Axa’s H1 results.
Insurance Insider team
,
02 August 2024
Axa in talks over EUR5.4bn asset management sale to focus on insurance core
Group deputy CEO Frédéric de Courtois said the issue of inflation is “mostly behind us".
Abbie Day
,
02 August 2024
CrowdStrike industry loss estimated at $300mn-$1bn: GC
The broker said less than 1% of companies globally with cyber insurance were impacted.
Ayesha Venkataraman
,
02 August 2024
Brit GWP falls 6.5% to $1.04bn in Q2 with CoR of 92.7%
The results were disclosed in parent company Fairfax’s quarterly earnings.
Samuel Casey
,
02 August 2024
AIG has secured half total ILS agg cat UNL treaty capacity: Zaffino
The insurer said once firms give up lower attachments or aggregates they “simply do not get them back”.
Fiona Robertson
,
02 August 2024
Underwriting Room remains ‘beating heart’ of London market: LMA’s Cameron
The executive also said there had been a “step change” on culture in the market.
Samuel Casey
,
02 August 2024
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