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Scor books Q1 P&C combined ratio of 87.1%

The carrier reported 1 April price increases of 3.2%.

Rachel Dalton, 17 May 2024
Citizens board approves $750mn for $5.5bn 2024-25 risk transfer program

Citizens also secured $1.1bn of limit for its Everglades Re cat bond.

Shelby Rosenberg, 16 May 2024
Allstate pegs April pre-tax cat losses at $494mn

This takes pre-tax cat losses for the calendar year to $1.23bn

Jai Singh, 16 May 2024
Florida Citizens secures $1.1bn of limit for Everglades Re cat bond

Spreads on all tranches of notes settled above the initially guided range.

Jai Singh, 16 May 2024
Swiss Re says ILS market ‘disciplined’ as rates ‘less frothy’

CFO Dacey said ILS investors were not extrapolating too much emphasis from strong returns in 2023.

Jai Singh, 16 May 2024
Swiss Re to withdraw from iptiQ as Q1 profit jumps 43% to $1.1bn

P&C re and CorSo reported improved net profits and combined ratios for the quarter.

Aisling Finn, 16 May 2024
Leadenhall secures A$100mn mandate from Challenger Group

The capital will be allocated to a pure cat bond strategy, sources have confirmed.

Jai Singh, 15 May 2024
Mitigation can halve annual average loss from wildfires: Moody’s

The ratings agency warns that wildfire is an increasingly risky and unpredictable peril.

Jai Singh, 15 May 2024
Twelve Capital management buys back 30% GKB holding in firm

The management’s buyback acquisition brings an end to the two-year relationship.

Jai Singh, 15 May 2024
Hannover Re expects retro recoveries regarding Baltimore bridge loss

The carrier experienced a benign Q1 for catastrophic loss activity.

Abbie Day, 14 May 2024

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