AXIS third-party capital fee income rises, but ceded premium falls
AXIS Capital, the Bermuda-based globally-active insurance and reinsurance company, has reported an increase to its fee income from third-party reinsurance,.. Read More
personal Insurance
Lancashire grows P&C Re book 73%, third-party capital income rises
Specialty insurance and reinsurance group Lancashire Holdings has expanded its property and casualty reinsurance book by 73% in the first-half,.. Read More
SCOR reports strong P&C growth & price renewals, but adds COVID BI losses
France headquartered global reinsurance firm SCOR has continued to rapidly expand its property and casualty book in improved pricing conditions,.. Read More
Secondary peril exposed property rates keep surging: Marsh
Commercial property insurance rates continue to rise around the globe, but there has been an evident deceleration in recent months.,.. Read More
Flood insured losses now seen up to EUR 5.5bn in Germany: GDV
German insurance association, the GDV, has raised its estimate of insurance market losses for damage from the recent flooding event,.. Read More
Insured losses from China's Henan floods could exceed $1.25bn, says Fitch
The recent severe flooding in China’s Henan province is expected to suppress underwriting margins for the China non-life insurance and,.. Read More
Puerto Rico Court Grants Partial Summary Judgment and Orders Insurer to Pay Prior Adjusted Property Damages Caused By Hurricane Maria
With many Hurricane Maria claims still in litigation, courts are beginning to apply the Puerto Rico Supreme Court’s recent jurisprudence,.. Read More
Aon CEO says DOJ "out of step". DOJ calls WTW merger collapse a "victory"
Aon’s CEO Greg Case has called the US Department of Justice “out of step” with the rest of the world’s,.. Read More
PartnerRe lifts third-party capital assets to $1.1 billion
PartnerRe, the Bermuda headquartered, EXOR owned reinsurance company, has continued to add to its third-party capital under management in the,.. Read More
Go-it-alone challenge bigger for WTW than Aon. An opportunity for AJG?
As Aon’s $30 billion acquisition of rival Willis Towers Watson (WTW) has now collapsed, it leads to questions over how,.. Read More
FEMA plans new NFIP flood cat bond, seeks reinsurance transformer
The U.S. Federal Emergency Management Agency (FEMA) is planning to sponsor another FloodSmart Re catastrophe bond to provide flood reinsurance,.. Read More
Aon's acquisition of Willis Towers Watson cancelled, will pay break fee
Big news in the insurance and reinsurance broking world as Aon and Willis Towers Watson (WTW) said they have terminated,.. Read More
