Reinsurers
-
The deal to reopen the government also extended the NFIP. -
The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.
-
The charity said that improved ecosystems could help protect from disasters.
-
The UK-based insurer’s Florida Re secured state regulatory approval in June.
-
The carrier’s top line grew to $1.4bn in the first half of 2025.
-
Insurance penetration varies, but hotels have “near-total” coverage and strong limits.
-
The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.
-
T&Cs, as well as exclusions, remain largely unchanged, the executive said.
-
The carrier is continuing to reposition its portfolio to drive more consistent returns.
-
Interim CUO Nick Pritchard turned in his notice in August of this year.
-
The global insurer is buying access to distribution and underwriting at a carrier with a 27% GWP CAGR.
-
Widespread underinsurance and low exposures will limit losses.
-
The Bermuda carrier brought a winding-up petition earlier in October.
-
Many commercial risks will have London coverage, but insured values are relatively low.
-
The NFIP expiration and a successful Neptune IPO got attention, but some reinsurers moved earlier.
-
Gray specializes in contract bonds for mid-sized and emerging contractors.
-
The FIO said it will work with regulators on coverage for digital assets.
-
Economic losses from the Cat 5 storm could run 30%-250% of the country’s GDP.
-
The CEO noted that 45% of Everest’s US casualty book did not renew this quarter.
-
The property segment reported a combined ratio of 15.5% for the quarter, versus 60.3% a year ago.
-
The regulations are designed to address long-term solvency concerns.
-
The company’s stock fell nearly 9% as the market digested news of an ADC, renewal rights deal and reserve charge.
-
The global insurer will need to convince investors on the quality of the book.
-
Jason Keen joined Everest in 2022 as head of international.
-
The global insurer will pick up a $650mn portfolio of US casualty business.
-
AIG will fold the portfolio into its existing business, leaving the liabilities and legal entities with Everest.
-
The carrier is consolidating its venture capital activity into asset manager MEAG.
-
This publication revealed the move earlier this year.
-
September’s medical care index increase follows a 0.2% drop in August.
-
A canvassing of the cyber market suggests the impact will be negligible.
-
The reinsurer also hired Martin Bages as Latin America and Caribbean head.
-
AWS suffered a large-scale service disruption originating in northern Virginia.
-
An average of 81% of property accounts renewed flat or down.
-
Private capital–backed buyers accounted for 73% of the 513 transactions this year.
-
The decision impacts 5% of the reinsurer’s North America P&C facultative premiums.
-
State Farm is under investigation as its premiums have been rising “drastically".
