Property
Latest US storm wave could see billions in losses
Severe storms at the end of April hit Midwest and south-central US
Aon books 7% corporate broking growth
Broking giant reports 4% organic growth in reinsurance division in first quarter
AIG underwriting profit triples in Q1
Gross written premiums rise 11% to $10bn supported by Everest renewal rights deal and Convex quota-share
Mid-year renewals trending to ‘mid-teen’ reductions: RenRe
Bermuda-based group has already bound half its second-quarter business with increased demand for private placements
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
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