Martha Muir

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FedNat takes $12mn hit from Q4 cat losses, reserve strengthening

Just under half of the $8mn cat losses stem from insurance books FedNat is running off, with reserve strengthening impacted by 2020 reinsurance gaps.

Martha Muir, 23 February 2022
Insured losses from European storms could reach EUR1.6bn: MSK

German actuarial firm Meyerthole Siems Kohlruss warned the losses represented a “turbulent” start to the year.

Martha Muir, 23 February 2022
ICA calls for $1.4bn in disaster resilience spending

Its policy platform also calls for states and territories to abolish taxes on insurance products

Martha Muir, 22 February 2022
Dutch association puts storm losses at EUR500mn

The final bill is likely to be higher as further damage occurs due to gusts of wind.

Martha Muir, 22 February 2022
Cyber re could double in size every three years: Gallagher Re

Cyber reinsurance premiums may exceed those of property cat by 2040.

Martha Muir, 22 February 2022
Markel values Velocity sale at $180mn

The MGA was sold to Oaktree Capital in February.

Martha Muir, 21 February 2022