Lucy Jones

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Covid-19 losses halve Munich Re P&C profits in Q2

Major losses from natural catastrophes were comparatively low at EUR167mn for the quarter.

Lucy Jones, 06 August 2020
Stone Ridge completes reverse share split for Interval fund

The loss-hit fund’s NAV has increased more than five-fold to $40 a share since the stock merge.

Lucy Jones, 05 August 2020
Downgraded Isaias reaches Canada leaving behind flooding and power outages

Reports of flooding in eastern US states as millions were left without power.

Lucy Jones, 05 August 2020
AIG expects to draw on international reinsurance for Covid claims

The company confirmed it had bought $500mn of additional catastrophe aggregate.

Lucy Jones, 04 August 2020
ILS funds gain 0.67% in June amid Covid side-pocketing

Some managers also had to increase prior-year reserves, Eurekahedge ILS Advisers said, but June returns still came in stronger than historical levels.

Lucy Jones, 04 August 2020
AlphaCat adds $100mn in Q2 to reach $4.3bn

AIG turned a $2mn investment loss from its small stake in the ILS manager's funds.

Lucy Jones, 04 August 2020