Reinsurance
RenRe CFO and portfolio oversight chief to retire
Bob Qutub and Ross Curtis to retire at the end of the year
Pelagos cuts COR by 29 points in Q1
Former Fidelis Insurance Group swings profit as it books 86.6% combined ratio
QBE Re appoints Cherrak MENA regional head
Reinsurer appoints Scor’s Cherrak to drive growth across Africa and the Middle East
Conduit Re increases GWP by 4.5% in Q1
Bermuda-based reinsurer’s growth was driven by casualty lines where premiums increased by 23%
Munich Re P&C re operating profit soars to €1.1bn
Reinsurance giant trims P&C reinsurance combined ratio by 17 points to 66.9% in first quarter on lower major losses
Hannover Re P&C profits surge in Q1 on lower large losses
German reinsurance giant reports ‘minimal’ loss notifications from Middle East conflict
SiriusPoint reports core income up 67% in first quarter
Bermuda-based carrier cuts combined ratio to 88.9% on the back of insurance premium growth and light catastrophe load
Hiscox Q1 premiums rise 10.2% on strong retail demand
Bermuda-based re/insurer reports ‘limited’ loss notifications from Middle East conflict
MS Amlin launches property treaty consortium
Increased per-risk capacity will help support data centre risks
Swiss Re adds $400m to reserves for inflation from Iran conflict
Supply chain disruption and higher energy costs caused by the Iran conflict are expected to push up claim’s costs, chief financial officer warns
Axa XL cuts reinsurance premiums 7% as rates soften
Commercial lines premiums at Axa Group unit rise 2% in first quarter, driven by property and specialty lines
Scor posts P&C earnings beat despite buffer building
French reinsurance giant cuts first quarter combined ratio to 80.2% on the back of benign catastrophe losses
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