-
The insurer’s net combined ratio worsened to 110.6 percent for Q1.
-
Almost 250 tornadoes hit in the US last month, with one outbreak set to cost insurers $700mn, Aon has reported.
-
The transaction’s target price is up on a similar tranche of American Integrity’s cat bond last year.
-
Increased retro costs mean RenaissanceRe will likely be retaining more risk.
-
WorldCover, a climate insurance provider to smallholder farmers, has raised $6mn from a fundraising round led by MS&AD ventures.
-
The insurer has increased its ultimate net loss for the 2017 storm by 7 percent.
-
The insurer’s cat losses for the first quarter totalled EUR195mn.
-
The ILS fund manager said the rationale behind model updates will be followed closely.
-
The reinsurer’s Corporate Solutions division posted a $55mn loss for the period.
-
Tornadoes this week have brought high winds, hail and flash flooding to the area.
-
Arch’s reinsurance underwriting income for the first quarter of this year plummeted by 61.9 percent to $20.9mn.
-
The biggest hit to the insurer were US winter-related storms, at $191mn.