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Property

 

 

TSR lowers hurricane season forecast

Forecaster now expects four hurricanes, down from five in July

Hurricane Season Property

California insurance commissioner candidate wants ‘to fix the market that we have’

Ben Allen to focus on resilience and partnerships, and says opponent’s single-payer plan would put state finances at risk

Property Regulation

APCIA renews support for Fix Our Forests Act

US House of Representatives passed forest management bill last year, but measure languishes in Senate

Regulation Property

Spokane fire losses could hit $1bn mark

At least 850 structures in the area have suffered fire damage as a result of the blazes

United States Property

P&C reinsurance drives record H1 profits at Munich Re

The group’s combined ratio in its P&C reinsurance segment shaved off 5 percentage points to 67.9%

Casualty Reinsurance

Zurich half-year profits jump 13% to $4.8bn

Emea contributed $264m to the Swiss insurer’s property and casualty GWP of $29.9bn

Casualty International

Abundant capacity keeps pricing pressure on commercial markets: Aon

‘Abundant capacity and heathy competition’ continued to drive price reductions in most markets for property, casualty and cyber, Aon says

Claims Management Broker

Canopius posts 10% rise in half-year premium

Specialty and P&C re/insurer produced insurance contract written premiums of $2.66bn

Canopius Property

Swiss Re P&C profits up 18% in H1

The reinsurance giant’s P&C Re segment reported net income of $1.4bn in the first half

Swiss Re Europe

Hiscox reserves $60m for Middle East conflict

Reserve includes around $40m for London market specialty exposure, with the rest for reinsurance losses

Hiscox London

Fidelis names Donovan head of underwriting for property binders

Kevin Donovan joins TFP from Ascot, where he was most recently a property underwriter

Property London

Japan quake losses could reach $2.2bn: Verisk

The July 28 tremor struck Kumamoto prefecture on Kyushu, causing a shopping mall in Kashima to collapse

Property Japan
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