An increased level of catastrophe claims hit the re/insurer's results for the first quarter of 2017 although XL Catlin upped its net profit.
Chubb saw a vast rise in net profit during the first quarter of 2017 despite taking an Ogden rate charge.
Market competition and a reserve charge relating to the Ogden rate change in the UK left WR Berkley with a reinsurance underwriting loss for the first quarter of 2017.
A new crop reinsurance deal and financial lines reinsurance growth helped Everest Re increase its gross premiums written for the first reporting period in 2017.
Natural catastrophe losses played a considerable part in Travelers' operating profit for the first quarter of 2017 taking a dip.
A report from Willis Towers Watson Securities said catastrophe bond issuance in 2017’s first quarter was slightly down on the same period of 2016.
Aon has published its latest Global Risk Management Survey, and the findings show brand reputation remains a major worry for the world’s risk managers.
Hailstorms were a major factor in Allstate suffering $777m of pre-tax catastrophe claims during the first quarter of 2017.
The reinsurance sector’s soft pricing slide goes on, Willis Re has suggested, despite “barely sustainable” underlying numbers at reinsurers.
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.
Interview: Inga Beale says Singapore is going to a big area of strategic growth for Lloyd’s insurer and reinsurer Canopius, as less business makes its way to the London market.