Catastrophe loss data aggregator PERILS AG has released its Industry Exposure Database (IED) for 2024, wh...
Hannover Re looking ahead with confidence after successful 2023
Global reinsurance company Hannover Re has reported that large losses fell within budget at EUR 1.6 billion for 2023, as the firm's property and casualty...
Global reinsurance company Hannover Re has reported that large losses fell within budget at EUR 1.6 billion for 2023, as the firm's property and casualty...
Article / 1 month ago
Reinsurance has a self-healing mechanism, investors may not have realised: Swedroe
Some investors may not have realised that "reinsurance has a self-healing mechanism" causing them to miss out on the record year of returns in 2023...
Some investors may not have realised that "reinsurance has a self-healing mechanism" causing them to miss out on the record year of returns in 2023...
Article / 2 months ago
Munich Re expects positive 2024 renewals, warns on price adequacy for extreme weather
Munich Re said this morning that while market pressure has increased slightly in reinsurance, the company anticipates positive conditions continuing...
Munich Re said this morning that while market pressure has increased slightly in reinsurance, the company anticipates positive conditions continuing...
Article / 2 months ago
SCOR grows portfolio 13.6% in favourable market at 1/1 reinsurance renewals
French reinsurer SCOR grew its estimated gross premium income 13.6% at the January 2024 renewals to more than €4.2 billion, with notable growth of 191.5%...
French reinsurer SCOR grew its estimated gross premium income 13.6% at the January 2024 renewals to more than €4.2 billion, with notable growth of 191.5%...
Article / 2 months ago
AIG invested $350m in RenaissanceRe's Capital Partners vehicles at 1/1
Insurance giant AIG made good on its promise to invest into some of the third-party capital backed reinsurance joint-venture vehicles operated by
Insurance giant AIG made good on its promise to invest into some of the third-party capital backed reinsurance joint-venture vehicles operated by
Article / 3 months ago
Porch strikes $30m deal with Aon, releases all Vesttoo fraud claims
Porch Group, owner of a homeowners insurer that found a letter of credit (LOC) backing its reinsurance deal with insurtech Vesttoo was forged...
Porch Group, owner of a homeowners insurer that found a letter of credit (LOC) backing its reinsurance deal with insurtech Vesttoo was forged...
Article / 3 months ago
SCOR targets hard reinsurance market expansion at 1/1: CEO Léger
France headquartered global reinsurer SCOR intends to take advantage of the hard reinsurance market conditions at the January 2024 renewals, to continue
France headquartered global reinsurer SCOR intends to take advantage of the hard reinsurance market conditions at the January 2024 renewals, to continue
Article / 5 months ago
Berkshire's property cat bet pays off for Buffett so far in 2023
The bet that Warren Buffett's reinsurance business at Berkshire Hathaway has made on writing more property catastrophe risks is paying off so far...
The bet that Warren Buffett's reinsurance business at Berkshire Hathaway has made on writing more property catastrophe risks is paying off so far...
Article / 6 months ago
Olympus updates Florida coastal underwriting rules to align with reinsurance
Olympus Insurance Company, a Florida homeowners specialist underwriter, has adopted new rules for property underwritten on the coast of the state...
Olympus Insurance Company, a Florida homeowners specialist underwriter, has adopted new rules for property underwritten on the coast of the state...
Article / 6 months ago
Progressive to exit more property insurance business in Florida
Florida's property insurance market continues to face challenges from a reduction in appetites, among many major insurers, to write property business in the state, with...
Florida's property insurance market continues to face challenges from a reduction in appetites, among many major insurers, to write property business in the state, with...
Article / 7 months ago