Reinsurers
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The estimate includes $102mn from Milton and $114mn Helene development. -
The industry posted a good quarter, but reserving and loss cost concerns hardly abated.
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The agency’s outlook for global reinsurance remains at Positive.
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This year’s top-line growth will be a decade high.
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends.
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Fema's traditional reinsurance programme will attach at losses of $7bn and above.
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Arch stands out among hybrids, but Axis and Everest grind it out.
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The broker said the casualty segment is approaching an “inflexion point”.
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The estimate implies a roughly $15bn homeowners’ industry loss from the hurricane.
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The “Golden Age of Specialty” continues in the Q3 releases of these specialty companies.
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It is understood that Bezerra will remain based in Miami for his new position.
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Sources said that Nacional would only consider a bid north of $150mn.
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