-
The Texas insurer of last resort previously had to have funding for a 1-in-100 year storm. -
In Q2 last year, Everest ceded $26mn in losses to Mt Logan.
-
The new team will be headed by Brown & Brown’s Ed Byrns.
-
The reinsurance CoR fell 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.
-
The vehicle will support Ascot’s casualty business in the US and Bermuda.
-
The firm attributed a 9% drop in reinsurance NWP partly to higher cession rates.
-
This brings the carrier’s total limit on the program to $1.8bn.
-
The consultation period around UK ISPVs was opened in November last year.
-
The reinsurer returned $216.7mn to investors in Q2.
-
The proposed reforms are designed to put the UK’s regulatory framework on par with Bermuda and the US.
-
The carrier reported preliminary profits of EUR2.1bn, driven by “very low” major-loss expenditure in P&C re.
-
The suit claims billions of dollars are being illegally withheld.
Most Recent
