-
Moody’s, S&P and Fitch all see current conditions as potentially allowing for ILS growth. -
Loss creep from Hurricane Ida has led to the loss and an increase in loss reserves.
-
Hurricane Earl is forecast to pass southeast of Bermuda, but tropical-storm-strength winds are predicted to hit the Island on Thursday.
-
She will succeed CFO and EVP Nick Burnet, who will be leaving the company to pursue other opportunities.
-
A report warns that recent rate increases may not be enough to protect against headwinds.
-
Ratings agencies suggest that carriers must do better on controlling volatility – but diverging risk appetites give the lie to the idea that the industry is walking away from risk.
-
ILS risk-sharing should stick to peak risks, the reinsurer argued.
-
Danielle doesn’t appear to threaten land, but a second storm is likely forming and could threaten the Caribbean and Florida.
-
Some sources argue that now is the time for new management teams to tap into the market with fresh platforms.
-
After the quietest start to hurricane season since 1997, weather experts forecast storm activities in the Atlantic to happen as early as this week.
-
Nat cat losses added 11.8 points to the combined ratio at 101.5% over five years on average, S&P has found.
-
Average budgeted expected losses rose by nearly 20% this year with reinsurers factoring in climate variability.
