-
ILW volumes could grow by more than 25 percent in 2020 as reinsurers seek alternatives to indemnity retro cover, sources said.
-
The insurer has forecast a total hit of $750mn for 2020 across all lines.
-
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.
-
Reinsurers push back on aggregate exposure from cascading covers as market gets more differentiated.
-
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.
-
Tornado outbreaks along with thunderstorms caused significant damage.