Content from L.S. Howard
Insurers, Analysts Worry Australia’s Bushfires Could Surpass 2009’s Costly Season
Australia's bushfire season has months to run and could easily surpass the most costly fire season, 2009's Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 ...
Global Natural Catastrophe Insured Losses Reached $52B in 2019: Munich Re
Natural catastrophes caused overall losses of $150 billion during 2019, including insured losses of about $52 billion, which matches the average of the past 30 years, according to Munich Re's ...
Jan. 2020 Reinsurance Renewals Vary Widely
The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents' loss record and client relationships, according to two ...
Argo Activist Shareholder Voce Seeks Special Meeting to Elect New Board Members
Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This time, Voce is calling for a special meeting of Argo shareholders ...
Reinsurers Maintain Upward Pricing Momentum—But Will It Last?
Positive pricing momentum—it's the favorite phrase of many reinsurers, who are hoping that the momentum they've seen in 2019 will continue during the coming January renewals and beyond. The ...
Reinsurers Look at Cyber’s Massive Growth Possibilities—With Caution
Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and ...
MS Amlin Exits Aviation Insurance Market
MS Amlin, the London-based global specialty insurer and reinsurer and subsidiary of MS&AD, confirmed its exit from the aviation insurance market, effective from Oct. 14 when it will cease ...
Strong E&S Premium Growth in Response to Weak Results; Top 15 E&S Writers: Fitch
Direct written premiums in the U.S. excess and surplus (E&S) lines market during 2018 grew at its greatest rate since 2012, increasing 11 percent and representing the eighth consecutive year of ...