RenaissanceRe
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A re-focus on reinsurance nearly brings Everest back where it started. -
Rates pulling back will rein in some of the excess margin obtained over the past three years, he said.
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The property segment reported a combined ratio of 15.5% for the quarter, versus 60.3% a year ago.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Reinsurers are mostly aligned on cat reinsurance, but goals are otherwise diverse.
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Loss trend concerns persist, but insurers are vouching on the opportunity to push for more rate increases.
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Wind season remains an important variable, but also might not change current dynamics significantly.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The reinsurer has also appointed Mehdi Benleulmi as global head of credit.
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With fee income less understood, a primary acquisition or merger could reset the narrative.
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The company will continue to deploy additional limit in property cat through mid-year, the firm’s CUO added.
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However, the firm will take a “conservative approach” until the improvements are shown in data.
