Latest Property-Catastrophe News
Re/insurers hope for the best but prepare for the worst for this year’s hurricane season
Loss figure down from $21bn in H1 2018.
Reactions is pleased to announce Patrick G. Ryan, Founder, Chairman & CEO of Ryan Specialty Group, as the headline keynote speaker for the North America Re/Insurance Conference 2019!
Sirius takes $56m reserve hit.
Market slipped year-on-year in Q2, says Willis report.
Business unit drags group net income down.
Preliminary global insured losses down by nearly half.
Product launched in response to recent tensions in the Strait of Hormuz.
RMS: Flood programme may be on hook for Barry
The consolidated business will be called Carpenter Marsh Fac Re.
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.
In this month's Reactions