Reinsurance
Grid-by-Grid: How One Tech Firm Dissects California Wildfire Risk to Sell Insurance and Reinsurance
There is general consensus among insurance and reinsurance underwriters about the safest property risks to accept in the California market, according to the co-founder of ...
Evacuation Policies and Cat Strips: Wildfire Insurance and Reinsurance Ideas That Failed
Sometimes, it takes a few tries to develop the right insurance or reinsurance product—one that will align well with the needs and wants of customers.
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, ... Augment, a new Miami-headquartered reinsurance broker, announced its official launch with access of up to $100 million in funding from Altamont Capital Partners.
Top 15 Non-Life Reinsurers: AM Best’s Latest Ranking
Munich Re still holds the top spot on AM Best's annual ranking of global reinsurance groups but Hannover Re took the No. 2 position in a ranking based solely on non-life reinsurance premium volume. ...
Not Your Grandpa’s Hard Reinsurance Market; Profits Return, Discipline Stays
The current property-catastrophe reinsurance market is one of the hardest in decades—and very different from previous ones, a new AM Best report notes, also predicting that underwriting discipline ...
S&P Sees Improved Outlooks for Munich Re and Swiss Re
S&P Global Ratings affirmed the ratings of the two biggest global reinsurers this week, Munich Re and Swiss Re, also revising the outlooks for both of them. For Munich Re, S&P affirmed its ...
Severe Convective Storms Dominate Insured Natural Disaster Losses in H1: Swiss Re
Hard Market Game Refuses to End: Arch Capital CEO
Drawing analogies to an epic tennis match and the hands of a clock, the leader of Bermuda-based Arch Capital declared the current hard market one of the longest the P/C industry has ever experienced. ...
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 ...
Reinsurance Broker Augment Launches With Access to $100M in Funding

