JLT Specialty USA has a dedicated team in place and the funds available to boost its impressive growth with further mergers and acquisitions.
After walking away satisfied with its estimates for last year’s hurricanes, RMS is seeking to up the ante by seeking to estimate losses before a hurricane even hits.
Karen Clark & Co has estimated an insured loss of $2.5bn from the so-called ring of fire storms that hit the US in May.
Allstate's catastrophe losses in April were slightly higher than last year following a tame first quarter of 2018.
Japan's Sompo Holdings has set itself the target of doubling its 2018 consolidated ordinary profit after catastrophe losses hit its numbers for last year.
Global commercial insurance rates have risen slightly during the first quarter of the year, mainly driven by global financial and professional liability business.
The European arm of American International Group took a beating from last year's catastrophes ahead of plans to restructure prior to Brexit.
RMS has responded to the criticisms of risk modellers in the wake of some surprising loss estimates in the aftermath of last year's hurricanes.
RMS’ upcoming wildfire model addresses many of the issues that the California Department of Insurance (CDI) had with risk models in use prior to last year’s devastating blazes.
A major eruption of Mount Agnung in Indonesia could cause more than $70bn in economic losses, but insured losses are expected to be low.
Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
Developing products that actually meet the needs of those in emerging economies, as well as creating reliable and user-friendly ways of both paying premium and collecting claims, will all determine whether the multi-company multi insurance venture incubator is a success, says Aspen’s Mario Vitale.
Hiscox Re has scaled back at recent renewals, reducing its concentration on property catastrophe.
Novae can start considering acquisitions rather than being acquired since share value has soared above book value, Novae’s CEO tells Reactions.
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Interview: The National Flood Insurance Program (NFIP) is unsustainable, says Swiss Re’s Americas CEO Eric Smith. He and others are now suggesting that the private sector needs to take up some of the burden to ensure flood protection remains in the US.
Interview: Swiss Re’s Canada CEO believes consolidation among Canadian insurers will boost reinsurance demand as well as kick-start cat bonds. Insurers are also looking for reinsurance as a result of onerous new solvency requirements for BC earthquake.
In this month's Reactions