-
Lloyd's expects property losses will make up 29 percent of the corporation's $3bn-$4bn share of claims, with overall industry losses at $107bn.
-
Both deals priced at the top end of initial guidance ranges, making them the highest-paying cat bonds the CEA has completed in recent years.
-
The carrier’s P&C division could miss its 2020 operating profit target by 20 percent, CFO Giulio Terzariol said today.
-
Major cat reinsurance losses are unlikely without over-reaching judicial action, the HSCM Bermuda leader argued.
-
The two new cat bonds are set to become the highest-paying bonds the CEA has completed in recent years.
-
The “magnitude” of claims could ease in future quarters, Argo CEO Kevin Rehnberg said.
-
The association is planning to issue $200mn of Alamo Re II notes later this year.
-
Plummeting global markets have reduced the value of the carrier’s investments, results show.
-
The spread on the deal settled 16 percent higher than initial forecasts.
-
A surge in earned premiums and reserve releases helped profits climb to $108mn in the first quarter.
-
Catastrophe losses were EUR208mn, up 6.6 percent from last year.
-
The modelling agency noted that an easing of the restrictions would reduce this percentage.