The groundbreaking community-based parametric scheme set up to provide emergency funding to New York neig...
Zurich opts to non-renew its cat aggregate reinsurance for 2023
European headquartered re/insurer Zurich opted not to renew its global aggregate catastrophe treaty for 2023 at the recent renewals, but did add...
European headquartered re/insurer Zurich opted not to renew its global aggregate catastrophe treaty for 2023 at the recent renewals, but did add...
Article / 2 months ago
SCOR shrinks at 1/1, slashes cat again, but confident in hard market opportunity
Global reinsurance group SCOR has shrunk its January 1st renewal book by roughly 12%, in terms of premiums underwritten, with actions taken to shrink...
Global reinsurance group SCOR has shrunk its January 1st renewal book by roughly 12%, in terms of premiums underwritten, with actions taken to shrink...
Article / 2 months ago
Investment Activities Don’t Cut It; Underwriters Create Value: ACORD - CM
“Sustainable value creators” among the 100 largest property/casualty insurance carriers generated more value through underwriting than through investment activities...
“Sustainable value creators” among the 100 largest property/casualty insurance carriers generated more value through underwriting than through investment activities...
Article / 2 months ago
Reinsurers Retreat From US Disaster Hotspots on Climate Risks
Reinsurers are increasingly reconsidering their business in natural disaster-prone locations including California and Florida as losses mount, according to...
Reinsurers are increasingly reconsidering their business in natural disaster-prone locations including California and Florida as losses mount, according to...
Article / 3 months ago
AmRisc cuts per risk limit to $50mn in PML optimization move
US property MGA AmRisc has told distribution partners it is reducing its available capacity per risk from around $300mn last year to $50mn in a move that will likely...
US property MGA AmRisc has told distribution partners it is reducing its available capacity per risk from around $300mn last year to $50mn in a move that will likely...
Article / 3 months ago
Most US cat treaty gaps closed despite ‘shrinkflation' effect of 1.1
US cat treaty renewals made major strides in the final working days of the year, leading to a calmer environment than many had feared earlier in...
US cat treaty renewals made major strides in the final working days of the year, leading to a calmer environment than many had feared earlier in...
Article / 3 months ago
GuideOne in specialty property retrenchment
GuideOne has been non-renewing a number of major accounts in its commercial property book in a further retrenchment from its broader specialty insurance portfolio, The Insurer can reveal....
GuideOne has been non-renewing a number of major accounts in its commercial property book in a further retrenchment from its broader specialty insurance portfolio, The Insurer can reveal....
Article / 4 months ago
Chaucer committed to London cat brokers amid wider shift to NA intermediaries
Specialty (re)insurer Chaucer is to continue to source North American property catastrophe reinsurance business through London brokers in a move that contrasts with steps taken...
Specialty (re)insurer Chaucer is to continue to source North American property catastrophe reinsurance business through London brokers in a move that contrasts with steps taken...
Article / 5 months ago
Lancashire and MS Reinsurance follow Fidelis in dropping London cat brokerage
Lancashire and the recently rebranded MS Reinsurance have become the latest carriers to stipulate they will only write US cat reinsurance via North American intermediaries...
Lancashire and the recently rebranded MS Reinsurance have become the latest carriers to stipulate they will only write US cat reinsurance via North American intermediaries...
Article / 5 months ago
Fidelis drops US cat in London in favour of Bermuda
Fidelis has communicated to brokers that it will only write US property cat business via its Bermuda platform and not in London, Insurance Insider can reveal....
Fidelis has communicated to brokers that it will only write US property cat business via its Bermuda platform and not in London, Insurance Insider can reveal....
Article / 5 months ago
