-
The insurer's professional liability reinsurance book shrank by around 25%. -
Guy Carpenter president Dean Klisura added that Q1 was a record cat bond issuance quarter.
-
The growth figure represents a 5-point deceleration on the 9% reported in Q4 2024.
-
A one-time impact would be a mid-single digit increase to physical injury auto severity.
-
The business insurance segment booked a CoR of 96.2%, up 2.9 points YoY.
-
Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
-
What past trends can tell us about the future of commercial reserving.
-
The carrier laid out its business mix for the newly launched reinsurance syndicate.
-
Growth came across all lines, and losses from catastrophe events were within expectations.
-
Surplus lines are still strong, but not the standout they used to be.
-
The segment’s underwriting results halved to $532mn in 2024 from $1.07bn in the prior year.
-
Its full-year combined ratio for 2024 ballooned to 334.6%, from 124.7% in 2023.
