We've learned that US primary insurance giant State Farm has now priced $1 billion of new catastrophe bon...
Catastrophe bond funds deliver 3.65% average Q1 return in UCITS format
For the first-quarter of 2024, catastrophe bond funds structured in the UCITS format have delivered their investors a 3.65% return, while the trailing 12-month cat...
For the first-quarter of 2024, catastrophe bond funds structured in the UCITS format have delivered their investors a 3.65% return, while the trailing 12-month cat...
Article / 1 month ago
Nephila specialty Syndicate 2358 premiums & profits more than double
2023 saw strong growth for insurance and reinsurance linked investment manager Nephila Capital's specialty lines focused Syndicate 2358 at Lloyd’s...
2023 saw strong growth for insurance and reinsurance linked investment manager Nephila Capital's specialty lines focused Syndicate 2358 at Lloyd’s...
Article / 2 months ago
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 / 2 months ago
Lloyd's on-track to achieve best returns on capital for over 15 years: ICMR
The Lloyd's of London insurance and reinsurance marketplace is on-track to achieve its best returns on capital in more than 15 years, according to analysis from...
The Lloyd's of London insurance and reinsurance marketplace is on-track to achieve its best returns on capital in more than 15 years, according to analysis from...
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 / 3 months ago
QBE's main cat reinsurance tower shrinks, aggregate cover restructured at renewal
QBE has revealed details of its reinsurance renewal alongside its results this morning, with significant changes evident as the main catastrophe
QBE has revealed details of its reinsurance renewal alongside its results this morning, with significant changes evident as the main catastrophe
Article / 3 months ago
Swiss Re's alternative capital fee income rises 68% to $195m in 2023
Swiss Re's specialist insurance-linked securities (ILS) and third-party reinsurance capital management division, Alternative Capital Partners (ACP), has
Swiss Re's specialist insurance-linked securities (ILS) and third-party reinsurance capital management division, Alternative Capital Partners (ACP), has
Article / 3 months ago
Everest continues to expand in property lines, sees cat pricing up over 45%
Bermuda-based Everest Group's Q4 2023 results show that the re/insurer continued to expand in property catastrophe risks in the hard market environment,
Bermuda-based Everest Group's Q4 2023 results show that the re/insurer continued to expand in property catastrophe risks in the hard market environment,
Article / 3 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 / 3 months ago
Markel lifts credit loss impact from Vesttoo letters of credit (LOC) to $65m
Having reported one quarter ago that it recognised a $25 million credit loss against a fraudulent $50 million letter of credit (LOC) for reinsurance
Having reported one quarter ago that it recognised a $25 million credit loss against a fraudulent $50 million letter of credit (LOC) for reinsurance
Article / 3 months ago