XL Group's second quarter operating profit surged compared with the prior year owing to a major reduction in catastrophe-related losses.
Aspen saw its net premiums written decrease by close to a third during the second quarter of 2017 after the business took the decision to increase the amount of reinsurance it buys.
RenaissanceRe beat analysts' forecasts after the firm recorded an improved underwriting result and strong investment return during the second quarter of this year.
WR Berkley's net profit was flat during the second quarter of 2017 even though the firm's net premiums written bore the brunt of the competitive market conditions.
A record level of investment income at Chubb helped increase the company's operating profit during the second quarter of this year.
Insurers will need to add information about how much flood insurance business they have on their books should new regulation put forth by the National Association of Insurance Commissioners.
The microinsurer has partnered with The Nature Conservancy to help ranchers adopt climate resilience measures.
Bermudian giant Everest Re saw its operating profit rise during the second quarter of 2017 after enjoying gross premiums written growth of 17% year on year.
The Australian thunderstorm risk modelling product helps re/insurers predict severe thunderstorm damage.
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.