-
The reinsurer so far has made no claims on its retro protections for war-related impacts. -
Major losses added 5.4 points to the combined ratio.
-
The carrier booked $45mn Q2 cat losses net of retrocession that included $41mn from Natal Floods and $4mn associated with the Australian floods.
-
Inflows allowed the unit to step up to the distressed Florida market.
-
The ILS firm reported $8.5bn of assets under management at mid-year.
-
HSCM has had a majority stake in the company since 2020.
-
Insured nat cat losses amounted to $35bn globally in H1, while manmade events triggered an additional $3bn, according to Swiss Re Insititute.
-
Louisiana policyholders have filed 460,709 claims of all types, of which 65% were closed with payment.
-
Hundreds of homes have been destroyed, while 33,000 have been left without power.
-
The McKinney and Oak fires are 0% and 67% contained, respectively.
-
Some reinsurers emerged as increasingly positive on the cat space, despite generally subdued risk appetites.
-
The government-backed disaster insurance facility offered discounts to its members that increased their tropical cyclone and earthquake coverage from last year.
Most Recent
