Reinsurance Execs Take on Extreme Challenge
Four intrepid reinsurance executives from Convex and Swiss Re are rowing from Monterey, Calif. to Hawaii as part of the "World's Toughest Row – Pacific." It's all for ...
Content from L.S. Howard
Serious Change Underway at SiriusPoint
SiriusPoint has seen a cluster of challenges over the past two years—ranging from an incomplete merger integration to persistent underwriting and investment losses to ...
The Pros and Cons of Going Private
In the days before hedge fund manager Daniel Loeb decided to drop its buyout of SiriusPoint, Carrier Management asked analysts at AM Best and Fitch Ratings about the pros ...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary?
The rollout of the Lloyd's cyber war exclusions has received considerable criticism for the chaos and confusion caused in the weeks leading up to the March 31 effective ...
Swiss Re Returns to Q1 Profit, Driven by Adequate Pricing, Higher Investment Results
Swiss Re swung back to a first-quarter profit, reporting net income of $643 million compared with a loss of $248 million for the prior-year period.
Aspect Labs Ltd., the London-based managing general agent, has officially opened its doors for business, targeting small to mid-market risks that are not big enough for ... High inflation alone led to an increase in property/casualty claims of 5-7.5 percent across five key markets in 2022, according to Swiss Re research. Natural disasters in 2022 brought global economic losses of $275 billion, of which insurance covered 45 percent, or $125 billion, according to Swiss Re's latest sigma ... The initial insured losses for the recent floods in the North Island of New Zealand are estimated at NZ$1.65 billion ($1.02 billion), according to PERILS, the independent ...
MGA Aspect Labs Opens for Business, Backed by Everest Re and AmTrust
High Inflation Hiked P/C Claims Costs Up to 7.5% in 2022: Swiss Re
Natural Catastrophes Cost Insurers $125 Billion in 2022: Swiss Re
Insured Losses From New Zealand Floods Estimated at $1.02B, With Profit Hit Expected
Lloyd’s 2022 Underwriting Results ‘Strong’ Despite Bottom-Line Red Ink
Lloyd's reported an interim full-year 2022 loss before tax of $947.6 million (£800 million ) as a result of investment losses of approximately $3.6 billion (£3 billion). This compares to a profit ...