
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

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

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

Lancashire says wildfire losses could reach $165m
London-listed re/insurer says it can still achieve ‘attractive returns’ this year

ASR appoints Coutu as head of innovation and sustainability
Africa-focused underwriting business hires Axa Climate’s Coutu to lead parametric offering

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

Duperreault's start-up Mereo launches
Bermuda-based reinsurer secures A- rating from AM Best

Results round-up: Arch, CNA and CinFin
Latest results from across the market

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

Wildfires expected to reverse reinsurance price decline, CEOs say
Scale of losses will increase demand for cover and drive changes to wildfire risk models

Arch appoints Moczarski to board of directors
Former Marsh McLennan international chairman joins board of Bermuda-based group

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
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