Property
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The reinsurer raised $84.5mn of third-party capital in the quarter.
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Changes made will make it easier to compare the funds, said Albourne’s Michael Hamer.
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Reinsurer-managers are building out asset management infrastructure as they expand.
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The carrier purchased an additional $150mn of cover.
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The modeller said 3 million homes were without power at its peak.
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Two-thirds of Guy Carpenter’s clients bought more coverage in H1.
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Hennon spent 17 years as professor at the University of North Carolina.
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Most of the losses occurred in Bavaria and Baden-Wuerttemberg.
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The insurance sector’s RoE is expected to exceed 10% next year.
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Uncertainty around the quantum remains due to policy deductible variation.
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The insured loss from Beryl in the US was pegged at $2.7bn.