-
The CaseGlide figures show a 35% drop to 4,313 new litigated claims, the second sharpest month-on-month decline in the past five years. -
The storm has dumped more than nine inches of rain on the city of Houston and risks further damage to Ida-hit properties.
-
Insured cat losses for August were almost 3.8x higher than the 10-year average, according to Jefferies analyst Philip Kett.
-
The convergence of traditional reinsurance and ILS has seen reinsurers’ fee income rocket over the past three years.
-
In its renewal season update, the carrier said Bernd, Ida, Uri and the pandemic would force up pricing across lines and regions.
-
Scor Global P&C CEO Jean Paul Conoscente said on a briefing that rate hikes were barely keeping up with inflation.
-
From ESG to social inflation, systemic risk to cat risk, we highlight some of the top discussions from this year’s four-day virtual conference.
-
Retro rates were in some cases falling by mid-year, ahead of the recent losses.
-
European cedants are bracing for a ‘sizeable price correction’ after the scale of summer flooding took reinsurers by surprise.
-
The 13th named storm of the season made landfall in the Florida Panhandle on Wednesday.
-
The portfolio has no active client relationships and was underwritten from 1969 onwards.
-
Natural catastrophe losses were up year-on-year, but without fresh Covid losses the London market returned to profit.
