-
Hiscox said outflows from the ILS unit were offset by "record returns" in Q3. -
The Smart Tracker Syndicate 5623 was established with the aim of delivering a ‘smart beta’ portfolio to investors.
-
The carrier reported a Q3 combined ratio of 138.8% for casualty within the P&C re unit.
-
The Bermudian firm said it expects the acquisition could drive more growth than the prior forecast of $2.7bn incremental premium.
-
A credit loss owing to a fraudulent letter of credit from Vestto added 1 point to the combined ratio in Q3, insurance president Jeremy Noble told analysts during a conference call.
-
Tim Mardon will become CUO at Aspen Bermuda Limited and a member of Aspen Re’s leadership team.
-
The storm caused significant wind damage and flooding across parts of Scotland and England.
-
Axis set up a new casualty sidecar in the quarter.
-
Verisk said the majority of the insured losses can be attributed to wind damage.
-
Commercial insurance pricing remained flat, increasing by 3% globally over the period, the same as the prior quarter.
-
More than three-quarters of local exposure is ceded to highly rated reinsurers through excess of loss protection, according to the rating agency.
-
The firm entered new aggregate excess of loss reinsurance contracts in 2023 that have multiple layers of coverage.
