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Twia estimates Beryl losses equivalent to cat fund balance at $455mn

Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.

Kyoung-son Song, 14 November 2024
Swiss Re will only share ‘modest’ Q3 cat losses with ILS partners

The reinsurer took $743mn of nat-cat losses in the quarter.

Jai Singh, 14 November 2024
MembersCap to launch fund in Q1, adds Paralympian Holmes as adviser

The fund will be denominated in US dollars and digital currencies.

Jai Singh, 14 November 2024
Reform of UK pensions could create eight $63bn mega-funds

The UK Local Government Pension Scheme (LGPS) has around £391bn in AuM.

Jai Singh, 14 November 2024
Scor raises P&C cession ratio to 26.3% in Q3

The firm recorded a 13.3% nat cat impact to the P&C combined ratio.

Liz Bury, 14 November 2024
Scor to continue to ‘lean into hard market’ in 2025: CEO Leger

Nat cat pricing is expected to be more or less flat, with rises on loss-affected programmes.

Liz Bury, 14 November 2024
RGA’s Ruby Re sidecar reaches $480mn in capital

The sidecar was established to enhance RGA’s access to capital for its US asset intensive business.

Jai Singh, 13 November 2024
AIG names Schaper chief risk officer and starts search for CUO

This publication revealed that Chris Schaper would move into the role on an interim basis in July.

Rebecca Perkins, 13 November 2024
Markel CatCo’s London-listed fund to return $21mn to shareholders

The capital being returned to shareholders is part of a compulsory partial redemption.

Jai Singh, 13 November 2024
Fema estimates NFIP losses of $3.5bn-$7bn for Hurricane Helene

Fema's traditional reinsurance programme will attach at losses of $7bn and above.

Jai Singh, 13 November 2024

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