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Generali P&C profits up 3% YTD to EUR1.8bn as GWP swells 21%

Profits were up 8% at a group level, with strong performance across both life and P&C.

Samuel Casey, 10 November 2022
Zurich’s P&C GWP hits $33.5bn as it books $550mn Ian loss

The carrier’s North American business recorded the strongest GWP growth, booking a 14% increase for the year to date.

Aisling Finn, 10 November 2022
Aviation war insurers hike rates as all-risk renewals defy post-Ukraine fears

The aviation market took what is believed to be its largest-ever loss recently and court actions over Ukraine claims are ongoing, all contributing to a hard war market as all-risk renewals remain softer.

Aisling Finn, 10 November 2022
AGCS Q3 profits surge to EUR170mn as Allianz posts EUR100mn Ian loss

The business unit has posted strong profits following a period of underwriting remediation.

Samuel Casey, 10 November 2022
Commissioner Donelon on litigation threat: Louisiana is not the new Florida

The Gulf Coast state is keen to distance itself from Florida’s insurance woes but is resistant to some underlying changes.

Fiona Robertson, 01 November 2022
RenRe elevates Marra to group CUO as Curtis takes new chief portfolio position

The Bermudian reinsurer said both appointments are effective January 1, 2023.

Jairo Ibarra, 09 November 2022
PartnerRe’s non-life Q3 CoR climbs to 106.9%, driven by $300mn Ian loss

Overall, the carrier posted $408mn of cat and man-made losses in Q3, up from $333mn a year earlier, of which $297mn related to Hurricane Ida and the European floods.

Jairo Ibarra, 09 November 2022
International Group reinsurance rates up ~5% after clean loss year

Some expressed disappointment at the rate change, but it came off the back of a major correction last year.

Samuel Casey, 09 November 2022
Conduit Re looks to opportunity of capacity shortfall at 1.1: Carvey

Conduit Re CEO Trevor Carvey said that a lack of legacy left the carrier well placed for the upcoming renewal.

Samuel Casey, 09 November 2022
Argo fires latest shot at Bobman and Michelson in shareholder letter

The Bermudian claimed Ron Bobman and David Michelson’s directorship would ‘diminish’ the board’s capabilities and expertise.

Rachel Dalton, 09 November 2022

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