-
CEO Locke Burt said Florida reforms would be “transformational” and that investors had become more receptive to cat risk owing to higher rates. -
The reinsurer retained EUR321.9mn of Hurricane Ian losses on its own book.
-
The rating downgrades reflect the deterioration in Scor’s operating performance.
-
The state-backed carrier’s policy count is projected to hit a record high of 1.6 million by year-end.
-
The division is deploying its own capital to make up for the lack of wider reinsurance and ILS capacity.
-
According to the ICNZ, 48,000 claims have been lodged, with NZ$111mn of insurance claims paid so far.
-
The insurer reported an underwriting profit for Q4.
-
Higher rates and reserve releases connected to Hurricane Ian boosted results.
-
The Florida insurer recognised a major increase in Ian losses in Q4, rendering its personal lines carrier insolvent.
-
The asset manager said this year’s conditions were the most attractive in ILS history.
-
The carrier’s P&C combined ratio benefited from low nat-cat losses in the quarter.
-
The manager’s life & alternative credit segment invested in the reverse mortgage specialist.
Most Recent
