Property
Selective Q3 profit rises 4% despite doubling of catastrophe losses
US property/casualty group's underwriting income falls 83% to $4.1m in third quarter, as catastrophe losses jump to $149m
Heritage to book $48m of Q3 catastrophe losses
Florida-based carrier expects to report around $57m of net losses tied to Hurricane Milton in fourth quarter results
Munich Re to post €900m Q3 profit, despite nat cat losses
German reinsurer books €500m in losses from Hurricane Helene
Perils lowers Babet losses to €639m
The UK incurred the majority of the losses, totalling £495m, loss aggregator says
Starr Insurance cleared to open branch in Seoul
Starr had previously appointed Paul Choi as chief executive of its South Korea branch in anticipation of the licence
WR Berkley posts record Q3 net earnings
Property/casualty group reports third-quarter combined ratio of 90.9%
CNA estimates Q3 catastrophe losses at $143m
US group books $55m of losses from Hurricane Helene and expects $25m to $55m of losses from Hurricane Milton
European firms increase reliance on captives in hard market
Potentially billions of euros of additional premiums flowing into captives market amid higher prices in traditional insurance market, Swiss Re's Krattiger says
Beat Capital launches US middle-market E&S underwriter
Incubation platform partners with CrossCover executive Brett Dupre on launch of Fallow Grove
California launches pilot parametric flood insurance programme
State looks to innovative insurance solutions to address risks posed by climate change
SiriusPoint eyes further North America MGA tie-ups
Company plans to add ‘one or two’ MGA capacity partnerships per quarter to existing suite of 17 arrangements, carrier’s head of property and casualty for the Americas says
CoreLogic pegs Milton insured losses at up to $28bn
Latest estimate well below those from other analysts, as Moody’s RMS gives $22bn to $36bn range for Milton loss
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.