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Reinsurance

 

 

Axis CEO: US casualty portfolio still rate adequate

Vincent Tizzio highlights opportunities in wholesale lower middle-market segment

Specialty Reinsurance

SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’

Scott Egan stresses role of A&H and surety business, and MGAs in managing volatility

Bermuda Reinsurance

Scor shares fall 12% on ‘weak underlying performance’

French reinsurance giant posts earnings beat as lower natural catastrophe losses flatter performance, analysts say

Europe Reinsurance

The Fidelis Partnership launches second Lloyd’s syndicate

Syndicate 2126 will be backed by a three-year capacity deal with Blackstone

Bermuda Lloyds

Melissa insured losses will be in billions: Aon

Hurricane’s severity means significant losses despite low insurance penetration in Jamaica, broker says

Jamaica Hurricane Season

SiriusPoint core income rises 15% in Q3

Bermuda carrier’s combined ratio rises 0.6 points to 89.1%

Bermuda Reinsurance

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%

Europe Reinsurance

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

Mergers and Acquisitions Bermuda

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

Everest Re Bermuda

Axis trims COR to 89.4% as Q3 profits rise

Bermuda-based carrier books third-quarter operating profit of $255m as insurance profits surge

Bermuda Specialty

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

Bermuda Lloyds

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

North America Reinsurance
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