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This compares to the subsidiaries’ 2022-2023 reinsurance tower, in which they secured coverage for losses up to $3.16bn.
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Inside P&C’s news team runs you through the key highlights of the week.
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Recently released statutory data shows the US P&C industry loss ratio touching the 65% mark, the highest level in two decades.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The pullback mirrors what the state went through last year before and after June 1.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Early private deals have provided far more stability in this year’s renewal than last.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The deal represents RenRe’s third Bermuda consolidation deal following Platinum and TMR.
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Everest Re’s $1.5bn capital raise could be part of a continued pivot, or an early indicator of a shifting marketplace.
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Village Protection is expected to be operational on or before January 2024.