-
Improved underwriting helped absorb claims from the Baltimore bridge collapse and Hurricane Helene. -
Deteriorating CoRs, GWP growth and fears over wildfire impacts were common themes.
-
The group reported strong underwriting results in all major overseas P&C segments.
-
The Australian carrier disclosed A$426mn in net cat losses during H1.
-
The Dana floods in Valencia resulted in a EUR34mn net impact at group level.
-
The LA-based firm estimated gross cat losses in the range of $1.6bn-$2bn.
-
The company, meanwhile, is bullish on E&S US casualty.
-
The firm pegged industry losses at $35bn-$45bn.
-
Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
-
Plus, the latest people moves and all the top news of the week.
-
The board intends to issue a dividend of EUR2.70 per share.
-
The company did not take questions on its recently announced business review.
