-
The firm’s European regional treaty cover shrank 9% to $398m.
-
The company’s net cat loss fell by 1.7% to $454mn year over year.
-
The parties will develop climate-conditioned wildfire event catalogs to support cat modelling.
-
The company anticipates a hurricane season close to the 1991-2020 climate norm.
-
On August 1, Demotech downgraded UPC's financial stability rating by two notches to M from A.
-
The group-level cat impact to the combined ratio improved 0.3 points to 1.8.
-
Private ILS outperformed cat bonds during the month.
-
While still too early to assess the damage fully, Aon believes the impact on property, infrastructure and agriculture will be significant.
-
The Bermuda sidecar took losses of $21.1mn from the reinsurer during the quarter.
-
In the absence of a major tactical shift from Demotech, will the reinsurers become the de facto selection party determining which domestics survive?
-
Colorado State University has also slightly reduced its forecast for the season to four major hurricanes.
-
The reinsurer has placed layers of its mortality risk into the capital markets since 2013.