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Reinsurance

 

 

RiverStone secures RITC deal with Asta

As part of the deal, the 2022 underwriting year of account for Hampden Risk Partners syndicate 2689 will be transferred into RiverStone’s syndicate 3500

Europe London

Sompo restructure separates P&C and life

The Sompo P&C division will integrate Sompo International’s re/insurance business with its Japan-based commercial and consumer P&C operations

International Asia Pacific

MS Amlin nine-month underwriting profit climbs 5%

Lloyd's re/insurer books combined ratio of 88.8% in first nine months of 2024, despite losses from Baltimore Bridge collapse and Hurricane Helene, according to latest result published by parent MS&AD

Europe London

Lancashire says wildfire losses could reach $165m

London-listed re/insurer says it can still achieve ‘attractive returns’ this year

London Specialty

ASR appoints Coutu as head of innovation and sustainability

Africa-focused underwriting business hires Axa Climate’s Coutu to lead parametric offering

Middle East and Africa Specialty

Travelers pegs California fire losses at $1.7bn as estimates pile up

California regulator approves Fair Plan assessment amid mounting claims totals, as AIG puts losses at $500m and Allstate gives $1.1bn figure

United States Property

Duperreault's start-up Mereo launches

Bermuda-based reinsurer secures A- rating from AM Best 

Bermuda Reinsurance

Results round-up: Arch, CNA and CinFin

Latest results from across the market

North America Property

Mapfre restructures reinsurance unit

Spanish group promotes San Basilio to general manager as it looks to prioritise life reinsurance business

Europe Reinsurance

Wildfires expected to reverse reinsurance price decline, CEOs say

Scale of losses will increase demand for cover and drive changes to wildfire risk models

United States Reinsurance

Arch appoints Moczarski to board of directors

Former Marsh McLennan international chairman joins board of Bermuda-based group

Bermuda Reinsurance

Hannover Re expects €500m to €700m wildfire loss

Reinsurance giant says wildfire loss will exceed first-quarter catastrophe budget, as it reports 7.6% growth in premium volume at January 1

Europe Reinsurance
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