Stocks
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The reinsurer said use of third-party capital will limit its net retentions while permitting overall growth. -
Hagibis losses have become the most costly event this year for the retro fund
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Arch names duo from Morgan Stanley and Prudential PLC to board of directors
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A long-running inquiry is looking at proposals to set up a public cyclone reinsurance scheme to mitigate affordability concerns.
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Hurricane Dorian and Typhoon Faxai losses have hit (re)insurers following a relatively benign first half of the year for catastrophe activity.
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More than 500 homes have been flooded in South Yorkshire.
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More than 150 homes have been destroyed as fires blaze across New South Wales and Queensland, according to reports.
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The Kincade Fire in Sonoma County, the Simi Fire in Ventura County and the Getty Fire on the outskirts of Los Angeles are almost extinguished.
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This was a substantial improvement on the $0.8mn loss it filed in Q3 2018.
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The New York-listed Blue Capital Reinsurance Holdings posted a net income of $1.7mn for the first seven months of 2019, as the run-off process continued.
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Retro fundraising hits the wall, with Eklund downing tools on start-up.
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The $1bn syndicate signals a move from the carrier to leverage the ability to share risk at the Corporation.
