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The Week in 90 Seconds: Beazley cyber profits; Demotech drama; Tysers retention battle; Ukraine grain risk

Plus this week’s top carrier results and need-to-know people moves.

Rachel Dalton, 05 August 2022
AGCS confident on future profits as rates exceed inflation: CFO Terzariol

The business unit continued its run of post-remediation profitability, posting a combined ratio of 95%.

Samuel Casey, 05 August 2022
Economic losses for Kentucky, Missouri floods to top $1bn: Aon

While still too early to assess the damage fully, Aon believes the impact on property, infrastructure and agriculture will be significant.

Aisling Finn, 05 August 2022
Tokio Marine international profit Q1 up 22% to 68.9bn yen

TMHCC increased profit by 48% but the European segment recorded a loss due to a provision for losses from the Ukraine conflict.

Rachel Dalton, 05 August 2022
MS Amlin Q1 loss grows to £93mn as Ukraine losses bite

The business attributed the losses to Ukraine claims and a negative investment performance.

Samuel Casey, 05 August 2022
Sompo International fiscal Q1 underwriting profit up 89%

The carrier booked a combined ratio of 91.0%, a 3.2-point improvement on the prior-year period.

Rachel Dalton, 05 August 2022
Opinion: Hurricane Demotech peters out – but ramifications will endure

In the absence of a major tactical shift from Demotech, will the reinsurers become the de facto selection party determining which domestics survive?

Fiona Robertson, 05 August 2022
AGCS profits jump 59% to EUR156mn as group posts EUR3.5bn profit

The carrier has posted healthy returns following a period of extensive remediation of its portfolio.

Samuel Casey, 05 August 2022
Early Q2 reporting themes: Always be growing!

Commercial insurers surprised with continued positive results despite economic conditions.

Insurance Insider US Research, 26 July 2022
NOAA slightly reduces forecast for 2022 hurricane activity

Colorado State University has also slightly reduced its forecast for the season to four major hurricanes.

Samuel Casey, 04 August 2022

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