All Property Catastrophe articles
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NewsAxis Capital reports Q3 net loss of $17m
Results are ‘further validation’ that reducing exposure to catastrophe business was the right strategy - Benchimol
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News
Property cat retrenchment is improving market ‘stability’
Most large European players remain committed to cat business, but are moving away from lower layers of protection - AM Best
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News
Avoid sensationalist renewal headlines - Tom Wakefield
Clients are leaving Monte Carlo feeling more confident about what they can get done, says Gallagher Re UK boss
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Ariel Re: It’s time to stop selling Ferraris at Ford pricing
Reinsurer’s Joel Willens expects to see a further reduction in appetite for property cat going into the renewal season
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News
Cyber newcos are seeding the pipeline, reveals AM Best
There is significant opportunity to innovate as the risk landscape evolves, but reinsurers are taking a more conservative approach to risk
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News
Reduced COVID impact benefits US-Bermudian reinsurers
Favourable reserve development is expected to continue, but there is still inflation to contend with, warns AM Best
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News
Reinsurance capital could shrink in 2022 - AM Best
Driven by losses in investment markets, another severe property cat season could prove “adverse”
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News
Munich Re retains position as world’s largest reinsurer
Together, Munich Re and Swiss Re accounted for 24.3% of reinsurance gross premiums written in 2021 - AM Best
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News
Shift away from cat risks creating more “stable” market
A number of re-alignment initiatives have been taking place for at least the last three years, notes AM Best
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News
AXIS continues exit from property reinsurance in Q2
Reorganisation expenses related to the company’s exit from property reinsurance business were $16m
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News
Buyers faced “near-perfect storm” at 1 July
Alternative capital set for robust year as traditional capital decreases, states Aon
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News
Australia’s 2022 flood costs break previous records
Floods in February and March are estimated to have cost $3.35 billion in insured losses
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News
Florida property insurers under “immense pressure”
Elevated reinsurance costs, coupled with higher loss and litigation costs, are challenging Florida property insurers - AM Best
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News
Swiss Re targets ROE of 14% for 2024
The Group has completed its turnaround of Corporate Solutions and improved P&C margins - CEO Mumenthaler
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People & Opinion
Guy Carpenter announces the appointment of Paul Miller to lead Property Catastrophe value proposition for UK
Guy Carpenter Company, LLC, a leading global risk and reinsurance specialist and a business of Marsh McLennan Companies (NYSE: MMC), today announced the appointment of Paul Miller to lead Guy Carpenter’s Property Catastrophe value proposition for UK, Global Specialties and key global clients, effective September 2021. ...
