How Reinsurers Can Win in the Game of Volatility

Successful reinsurance businesses strive for profit stability while promising to reduce the volatility that their cedents experience.

But ...

The Care and Feeding of Property-Catastrophe Models

A wise statistician once said: "All models are wrong, but some are useful." The key to getting useful (accurate) model results is working with models that fit specific ...

Loss Trends for Severe Convective Storms

Loss trends for severe convective storms (SCS) have increased over the past 15 years and even more during the past five years, according to Dan Dick, global head of ...

Top 15 Non-Life Reinsurers: AM Best’s Latest Ranking

Not Your Grandpa’s Hard Reinsurance Market; Profits Return, Discipline Stays

Severe Convective Storms Dominate Insured Natural Disaster Losses in H1: Swiss Re

Global natural catastrophes cost insurers $50 billion in the first half of 2023, (H1 2022: $48 billion), with most of the losses stemming from severe convective storms, ...

Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re

Natural disasters during the first half of 2023 cost insurers an estimated $43 billion with an overall economic price tag of $110 billion, according to Munich Re.

Guy Carp Analysis: Cyber Cat Model Results Diverge

Significant progress has been made in advancing vendor's cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and ...

Specialty P/C Insurers Outperform Their U.S. Peers: Report

Property/casualty insurers in the U.S. that focused on difficult-to-place risks distanced themselves from their peers in key metrics measuring earnings, underwriting ...

Liberty Mutual Announces Organizational Changes, Leading to 370 US Job Losses

Liberty Mutual Insurance announced major organizational changes and executive leadership appointments, which are aimed at enhancing its personal and small commercial ...

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