Content from L.S. Howard
Lloyd’s Reports Combined Ratio of 92.5 on Drop in H1 Underwriting Result
Lloyd's first-half underwriting result dropped by half to £1.5 billion ($2.0 billion) from £3.1 billion ($4.2 billion) in H1 2024, which was driven primarily by claims from January's California ...
Fitch Revises Global Reinsurance Sector Outlook to ‘Deteriorating’ on Rising Competition
Fitch Ratings has revised its outlook for the global reinsurance sector to "deteriorating" for 2026 from "neutral" for 2025, reflecting its expectation that underlying operational and business ...
‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening
Europe's four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – are maintaining their appetite for property-catastrophe risks as well as their ambitious profit targets for 2025, ...
Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best market segment report. During ...
Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best
Swiss Re tops the list of the world's 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM ...
Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6 percent to a record $4.2 billion and core return on equity hit a best-ever number ...
Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report
Global insured losses from natural catastrophes hit $80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when ...
H1 Natural Disasters Had Insured Price Tag of $80B – Driven by U.S. Claims: Munich Re
Natural disasters across the globe cost insurers $80 billion during the first half of 2025, up from $64 billion in H1 2024, according to Munich Re's mid-year natural disaster report. On the other ...