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.
One of the world's top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes, according to ... Farmers Insurance announced that Kevin Yoo will join the organization as chief claims officer effective July 12. Yoo has an extensive ... Fidelis Insurance Holdings notched a valuation of $1.5 billion on Thursday after shares of the reinsurer fell 6.4 percent on debut.
Will S&P Change ‘Negative’ Reinsurance Outlook to ‘Stable’ in ’23?
While no one directly asked the question of this article's headline at the S&P Global Ratings June annual insurance conference, the prospect that an outlook change is near came into view during ...
AXA Weighs Offloading $2B Reinsurance Arm to Cut Exposure to Disasters: Sources
Conning: Fronting Market Growth Expected to Slow
The U.S. fronting market, where specialized carriers offer their financial strength rating, licensing and other services primarily to managing general agents (MGAs), has seen dramatic growth in ...
Executives on the Move at Farmers, Hiscox, Swiss Re
Reinsurer Appetites for Cat Exposures Return at Midyear: Brokers
Capacity was more readily available during the midyear renewals, which brokers described as "orderly," in comparison to the turbulent January renewals. At the same time, prices saw some moderating ...
Fidelis Insurance IPOs; Valued at $1.5B in Lukewarm Market Debut
