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CatIQ pegs Jasper wildfire insured losses at C$880mn

The Insurance Bureau of Canada said the blaze damaged one-third of the Jasper community.

Abbie Day, 28 August 2024
Florida Citizens urged to tighten auto-renewal controls following audit

Citizens’ auto-renewal controls were down from February 2023 to August 2023.

Jai Singh, 28 August 2024
Swiss Re world’s largest reinsurer in ‘generational hard market’: AM Best

The ratings agency said comparing companies was complicated by the adoption of IFRS 17 accounting.

Samuel Casey, 28 August 2024
Wiart joins Swiss Re Alternative Capital Partners

The executive has worked for Scor, RMS, Aon and SiriusPoint, among others.

Rachel Dalton, 27 August 2024
CrowdStrike shows need to improve data collection to win ILS investors

Building better exposure datasets could draw a broader range of investors.

Jai Singh, 27 August 2024
Reinsurance capital to hit ~$620bn in 2024: AM Best

Reinsurers continued to diversify into primary and specialty business.

Rachel Dalton, 23 August 2024
Ascot launches capital management platform Leadline

The unit will support Ascot’s third-party capital business.

Rachel Dalton, 23 August 2024
Reinsurers beat cost of capital in 2023: AM Best

Return on capital employed hit 13% last year as the cost of capital fell to 8%.

Rachel Dalton, 22 August 2024
Beazley targets third cyber cat bond

The insurer currently has $300mn of reinsurance limit from cyber cat bonds.

Jai Singh, 22 August 2024
Swiss Re adds $650mn in US casualty reserves over H1

Positive cat experience impact of $600mn was offset by $500mn in property and specialty reserves.

Rachel Dalton, 22 August 2024

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