Swiss Re Shares Drop After New Profit Target Falls Short of Expectations
Swiss Re shares dropped 7.5 percent on Friday after the world's second-largest reinsurer announced a new profit target that fell short of market expectations.
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Swiss Re shares dropped 7.5 percent on Friday after the world's second-largest reinsurer announced a new profit target that fell short of market expectations.
The ...
A new property-catastrophe reinsurance MGA, Bobcat Re, has been launched by a group of private investors, including former K2 CAT executives David Carson and James Sharpington as well as Glenn T. ...
Reacting to developments at Everest Group and IQUW this week, AM Best has issued statements about the ratings of the two companies. Everest Group Rating Affirmed But Outlook Revised AM Best announced ...
The Cayman Islands have a story familiar to many in insurance—entering the industry unexpectedly from somewhere else.
In fact, the ...
Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm — a record for the Caribbean island nation — which brought storm surge, torrential rain, strong winds and massive ...
Investors in Jamaica's catastrophe bond now face a full trigger event that would force payment of the entire $150 million bond to help the island deal with fallout from Hurricane Melissa. That's ...