Reinsurance
Axis CEO: US casualty portfolio still rate adequate
Vincent Tizzio highlights opportunities in wholesale lower middle-market segment
SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’
Scott Egan stresses role of A&H and surety business, and MGAs in managing volatility
Scor shares fall 12% on ‘weak underlying performance’
French reinsurance giant posts earnings beat as lower natural catastrophe losses flatter performance, analysts say
The Fidelis Partnership launches second Lloyd’s syndicate
Syndicate 2126 will be backed by a three-year capacity deal with Blackstone
Melissa insured losses will be in billions: Aon
Hurricane’s severity means significant losses despite low insurance penetration in Jamaica, broker says
SiriusPoint core income rises 15% in Q3
Bermuda carrier’s combined ratio rises 0.6 points to 89.1%
Lower catastrophe losses drive Scor P&C profit beat
Paris-based reinsurer’s P&C insurance service profit climbs 60% in the quarter to €255m as combined ratio falls 7.5 points to 80.9%
Onex and AIG to acquire Convex in $7bn deal
Onex will reinvest as majority shareholder while AIG will take a new minority stake in Bermuda re/insurer
Rating agencies adopt negative outlook on Everest
Moody’s and AM Best express worries about Bermuda-based group’s casualty reserves and new business plan
Axis trims COR to 89.4% as Q3 profits rise
Bermuda-based carrier books third-quarter operating profit of $255m as insurance profits surge
Starr to buy IQUW Group
Deal will create ninth-largest managing agency at Lloyd’s and provide US firm an entry into Bermuda reinsurance market
Property catastrophe returns to remain attractive at 1/1: RenRe's O’Donnell
Reinsurance market to remain ‘disciplined’ at the January 1 renewals, with pricing expected to be down 10%, RenaissanceRe chief executive says
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