Property
Perils holds Australia’s October storm estimate steady at A$1.5bn
The figure, which covers property and motor hull lines of business, is in line with the loss aggregator’s earlier estimate
Lancashire grows insurance premiums in first quarter
Growth in marine, energy and US insurance premiums offset by lower reinsurance premiums
Markel underwriting profits rise 77%
Combined ratio improves to 93% despite Iran war losses
Mapfre reports €311m in profits for 1Q
Spanish giant’s non-life combined ratio falls slightly to 93.2%
Arch Q1 profits bounce back to $933m
Bermuda re/insurer’s underwriting profit climbs 75% in first quarter of the year
Brokers weigh mid-April US storm losses
Hail and tornadoes could cost insurers more than $1bn, Gallagher Re says
Re/insurers eye return to Venezuela
Activity is beginning to emerge in sectors such as oil and gas after the US kidnapping of president Nicolas Maduro, generating expectations of new insurance demand
Insured property exposure hits $150tn: Perils
Loss aggregator’s latest industry exposure database shows exposure up 15% year on year
Global commercial insurance rates fall 5% in Q1: Marsh
Property, cyber and financial lines prices fall in first quarter of the year, but US claims drive casualty rate increase
Urbanisation and inflation drives ballooning SCS losses
Macroeconomic and socioeconomic reasons, rather than weather or climate factors, are causing rapid increase in severe convective storm losses, according to Gallagher Re
Aon pegs Q1 insured losses at $20bn
US severe convective storms and winter weather account for majority of losses
AM Best upgrades SiriusPoint ratings to A
Ratings agency cites disciplined underwriting, portfolio de-risking and reduced catastrophe exposure behind the move
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