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Insurance stock moves and short interest fail to reflect pricing and results momentum
Shifting economic winds make growth plays more attractive, causing insurer stock performance to lag though short interest remains flat.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
,
29 August 2023
Analysis: Decisive factors in a digital arms race for fast follow capacity
After Apollo announced a collaboration marking the latest milestone for algorithmic underwriting-led follow capacity in the London market, Insurance Insider explores how such partnerships can proliferate.
Marcel Le Gouais
,
30 August 2023
Vesttoo case to test key aspects of Bermuda SAC regime
If the assets of the cell form part of the Vesttoo estate, this may impact the priority of returning associated capital to cedants.
Liz Bury
,
29 August 2023
Up to $2.35bn of LOCs that collateralised Vesttoo cells ‘invalid’
The Aon unit noted 37 LOCs “purportedly procured by China Construction Bank (CCB), Banco Santander and Standard Chartered Bank US”.
Jairo Ibarra
,
29 August 2023
Idalia still to make landfall in Big Bend, impacting more of Georgia: NHC
Idalia is likely to be a hurricane while moving across southern Georgia and possibly when it reaches the coast of Georgia, according to the latest NHC update.
Shelby Rosenberg
,
29 August 2023
Tallahassee losses from Idalia the ‘wildcards’ in insurance industry loss projections: BMS report
“The Tampa Bay scenario of major hurricanes is mainly off the table at this point”, according to the report.
Shelby Rosenberg
,
29 August 2023
Arch Re elevates Doughty to property CUO, Soares to casualty, specialty CUO
In addition, Arch Re global CUO Pierre Jal moved to Zurich to take over as Europe CUO, while president Matthew Dragonetti expanded his scope to lead client-centric initiatives.
Jairo Ibarra
,
29 August 2023
NHC adds Idalia tropical storm warnings for Georgia and South Carolina
The forecaster also added a tropical storm watch for parts of North Carolina.
Aisling Finn
,
29 August 2023
Markel lands Munich Re’s Umphress as NA head of terrorism
Based in New York, the executive will report to Markel’s terrorism director Ed Winter, who is based in London.
Jairo Ibarra
,
29 August 2023
Big Bend Idalia landfall would be a retention event for Florida insurers
If the storm steers clear of Tampa, reinsurers will be well placed for minimal losses, but a retention loss is a further blow for weak Floridians.
Farhin Lilywala
,
29 August 2023
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