Stocks
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The supply-chain InsurTech is also broadening the scope of its Lloyd’s syndicate. -
Axis did not share any insurance premium with capital partners in Q4, while reinsurance cessions continued.
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The company lowered its full-year core loss ratio 2.6 points to 55.1% and posted a $266mn full-year underwriting gain.
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Southern Fidelity is seeking to lift homeowner rates by 85%.
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The firm said its preference for single class exposures had constrained growth in specialty lines as brokers sought to push different classes together in combined programmes.
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Both pricing and terms improved in most of its core market, with the firm's year-on-year renewal net rate change for 1.1 business estimated to be +5%
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Greater participation of cat bond investors in the retro market has some advantages alongside the risks.
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The December redemption was raised to 7.5% of the fund from the usual 5%.
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The company reinstated the cover, having not renewed it for 2021.
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The French reinsurer’s vehicle has renewed for the fourth consecutive year.
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The reinsurer said the deals would enhance its abilities to provide innovative solutions for clients.
