Re/insurers

Amid the information overload of results season, “man-made catastrophes” appear to be the main emerging theme – albeit manifesting in two very different ways.

All the carrier's new cat losses were retained net.

The carrier’s ILS revenues tripled year on year after its Nephila acquisition.

The carrier retained EUR92mn for Hurricane Dorian and EUR89mn for Typhoon Faxai.

Munich Re, Swiss Re and Renaissance Re are among the reinsurers to back a host of US MGAs in new deals.

The carrier is among the first P&C insurers to release anticipated loss numbers ahead of the third-quarter earnings season.

The MGA has grown its premium base by 60 percent this year to a projected $440mn of GWP.

The transaction makes Canopius a top-five insurer in the Lloyd’s marketplace.

Hyeji Kang succeeds Bernhard Arbogast who is retiring in May 2020.

Markel co-CEO Richard Whitt told an audience in Las Vegas that the launch of Lodgepine coincided with a need for capacity in the retro market.

At Munich Re's ILS roundtable in Monte Carlo, one of the speakers raised the concept of whether a "flight to quality" amongst ILS investors might be better labelled a "flight to alignment".

CEO Greg Hendrick said the third-party capital platform could eventually be used within the entire Axa group.