Hurricane

CatCo shares slip amid ‘uncertainty’ over last year’s losses

2018-08-17T12:54:00+01:00

London-listed shares in Markel’s ILS fund manager CatCo slid this morning after the carrier alluded to uncertainty about last year’s catastrophes in its first-half results for 2018.

Aon sign

Wanat named Aon’s US commercial broking boss

2018-08-17T08:09:00+01:00

Aon has named one of its long-standing servants and the former CEO of its financial services group - Brian Wanat - as chief broking officer for US commercial risks solutions.

Thomas lillelund

Aspen Re poised to release CEO Lillelund early to join key client AIG

2018-08-16T11:08:00+01:00

Aspen Insurance Holdings is not expected to hold its departing reinsurance head to his one-year notice period in order to help maintain good terms with its top-five client, AIG, re-Insurance.com understands.

Cat-related-losses-i

Swiss Re pegs H1 insured cat losses at $20bn

2018-08-16T10:38:00+01:00

Insured catastrophe losses incurred in the first half of 2018 are estimated to stand at $20bn, according to Swiss Re’s latest Sigma report.

qbe london city exterior

QBE’s combined ratio improves as streamlining boosts bottom line

2018-08-16T09:47:00+01:00

Australian giant QBE saw its combined ratio improve in the first half of 2018 as the effects of a “simplification plan” start to help the group’s bottom line.

Aon sign

Wanat named Aon’s US commercial broking boss

2018-08-17T08:09:00+01:00

Aon has named one of its long-standing servants and the former CEO of its financial services group - Brian Wanat - as chief broking officer for US commercial risks solutions.

Thomas lillelund

Aspen Re poised to release CEO Lillelund early to join key client AIG

2018-08-16T11:08:00+01:00

Aspen Insurance Holdings is not expected to hold its departing reinsurance head to his one-year notice period in order to help maintain good terms with its top-five client, AIG, re-Insurance.com understands.

Cat-related-losses-i

Swiss Re pegs H1 insured cat losses at $20bn

2018-08-16T10:38:00+01:00

Insured catastrophe losses incurred in the first half of 2018 are estimated to stand at $20bn, according to Swiss Re’s latest Sigma report.

qbe london city exterior

QBE’s combined ratio improves as streamlining boosts bottom line

2018-08-16T09:47:00+01:00

Australian giant QBE saw its combined ratio improve in the first half of 2018 as the effects of a “simplification plan” start to help the group’s bottom line.

Lloyd's-hurricane-

Lloyd’s 2017 loss deteriorates by £400mn fuelled by Irma

Lloyd’s net loss for 2017 has climbed by £399.9mn as a number of syndicates have had to bolster reserves following additional claims notifications from last year’s cat losses and, in particular, Hurricane Irma.

AmTrust-champagne-bottle

Maiden’s voyage

Bermuda’s Maiden has veered off course and appears to be going in a very different direction.

Bermuda, Hamilton

Aspen cedes 50 percent more premium to reinsurers

Up-for-sale Bermudian Aspen reported a small second quarter earnings miss yesterday (1 August) while revealing the impact of a major de-risking of its gross exposures following last year’s heavy losses.

Lloyd's-hurricane-

Lloyd’s 2017 loss deteriorates by £400mn fuelled by Irma

Lloyd’s net loss for 2017 has climbed by £399.9mn as a number of syndicates have had to bolster reserves following additional claims notifications from last year’s cat losses and, in particular, Hurricane Irma.

AmTrust-champagne-bottle

Maiden’s voyage

Bermuda’s Maiden has veered off course and appears to be going in a very different direction.

Bermuda, Hamilton

Aspen cedes 50 percent more premium to reinsurers

Up-for-sale Bermudian Aspen reported a small second quarter earnings miss yesterday (1 August) while revealing the impact of a major de-risking of its gross exposures following last year’s heavy losses.



Lloyd's-digital-clock

Time to take a lead?

One advantage of tough times is that it enables an institution to examine all its established practices that otherwise remain unchallenged when the sun is shining.

Aspen clock noon

Aspen’s high noon fast approaches

The six months of uncertainty for up-for-sale Bermudian carrier Aspen will end soon - and perhaps even as early as this time next week, sources close to the company suggest.

XLs-1-100-Net-Probable-Maximum-Loss1-by-peril-region

De-risking dominates in Q2 reporting season

After last year’s painful losses, de-risking is the flavour of the day as (re)insurers reduce their cat aggregates, buy more reinsurance and retro and slash underperforming business lines.

Lloyd's-digital-clock

Time to take a lead?

One advantage of tough times is that it enables an institution to examine all its established practices that otherwise remain unchallenged when the sun is shining.

Aspen clock noon

Aspen’s high noon fast approaches

The six months of uncertainty for up-for-sale Bermudian carrier Aspen will end soon - and perhaps even as early as this time next week, sources close to the company suggest.

XLs-1-100-Net-Probable-Maximum-Loss1-by-peril-region

De-risking dominates in Q2 reporting season

After last year’s painful losses, de-risking is the flavour of the day as (re)insurers reduce their cat aggregates, buy more reinsurance and retro and slash underperforming business lines.