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July average personal auto rate change hits decade high of 10.7% as filing submissions slow

At the same time, insurers are assessing the level needed to address loss cost trends.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, 31 July 2023
Top tier of ILS firms add 1.7% in H1 to reach $77.5bn of AuM at 1 July

Risers and fallers emerge within peer group of larger ILS firms, with Twelve Capital and Pillar the fastest growing in H1.

Liz Bury, 31 July 2023
Vesttoo controversy immaterial for Palomar, probably a net positive: CEO

The company has already seen submissions from MGAs that are potentially looking for a new fronting partner.

Kyoung-son Song, 04 August 2023
Catalina reports comprehensive loss of $454mn for 2022

The legacy carrier reported unrealised losses of more than $345mn for 2022, up from $78mn the year prior.

Aisling Finn, 04 August 2023
Swiss Re’s Mumenthaler: No sign of end to ‘positive environment’ for reinsurance

CFO John Dacey said the carrier remains underweight in Florida due to concerns around underlying economics.

Rachel Dalton, 04 August 2023
Volatility doesn’t ‘keep us up at night’ despite high cats: Intact’s Brindamour

The executive said he was prepared to accept volatility rather than passing margin to reinsurers.

Samuel Casey, 04 August 2023
BHSI adds Starr’s Carpenter to London D&O team

BHSI grew to be one of the largest writers of D&O in London during the hard market of 2020 and 2021.

Samuel Casey, 04 August 2023
SiriusPoint’s Egan: ‘Major surgery’ on property cat is complete

The CEO also addressed the carrier’s MGA strategy and the impact of the abandoned take-private attempt.

Rachel Dalton, 04 August 2023
The Week in 90 Seconds: WTW reinsurance, Lloyd’s, Future of office work

And all the other big moves of the week.

Ayesha Venkataraman, 04 August 2023
Swiss Re P&C re H1 profit triples to $904mn on lower cat losses

The carrier achieved treaty price increases of 21% at 1.7, against increased loss assumptions of 16%.

Rachel Dalton, 04 August 2023

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