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Hard market uplift clear despite IFRS complications in Q3 results season

Cat losses were within budgets despite high levels of minor events.

Fiona Robertson, 13 November 2023
Talanx’s 9M profit jumps 23% as CoR improves by 2 points

The carrier’s losses came in under budget for the first nine months of the year, with the costliest event being the earthquake in Turkey and Syria.

Aisling Finn, 13 November 2023
Insider On Air

[Watch] Live from the PwC Insurance Summit in Bermuda: Eric Andersen, Aon

The president of Aon discusses the company's recently-announced three year plan and bringing new tools to corporate clients to manage risk.

Meg Green, 10 November 2023
Hamilton IPO: Cost of the Achilles heel shows in pricing miss

Hamilton’s IPO share price came in at the lower end of historical trends observed amongst insurers that have missed their target range upon listing.

Fiona Robertson, 10 November 2023
Enstar adds Sixth Street to shareholder roll as CPPIB sells additional tranche

The San Francisco-headquartered alternative asset manager has invested $183mn in the run-off firm.

Adam McNestrie, 10 November 2023
Insider On Air

[Watch] Live from the PwC Insurance Summit in Bermuda: Tim Usher-Jones, Banyan Risk

The founder and co-CEO of the MGA Banyan Risk discusses the D&O market and the factors impacting it.

Meg Green, 10 November 2023
James River retains Citi and Ardea to explore potential sale

Two days ago, the company announced the sale of its casualty reinsurance subsidiary to Fleming for $277mn.

Jairo Ibarra, 10 November 2023
Scor ‘satisfied’ with Q3 P&C attritional loss of 70.4%: Conoscente

Global P&C CEO Jean-Paul Conoscente, acknowledging a "heavy" quarter for attritional losses, said the carrier had taken action that should lead to ratio improvements over time.

Abbie Day, 10 November 2023
RenRe CEO O’Donnell to receive up to $12mn in shares

Other senior executives, including CFO Robert Qutub and general counsel Shannon Bender, received stock awards of $750,000 for their involvement in the Validus Re acquisition.

Aisling Finn, 10 November 2023
Court rejects US Trustee’s Chapter 7 motion for Vesttoo

The Trustee had sought to accelerate the liquidation process while avoiding significant admin costs.

Jai Singh, 10 November 2023

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