Reinsurers
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Aviation reserve strengthening added 10.1 points to the combined ratio. -
GAAP reserve triangles reveal the struggles of some hybrid franchises.
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The insurance market remains generally immune to tariff uncertainty, but not all is well.
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The ratings agency noted “significant” underwriting improvement in 2023-24.
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Underwriting profits for casualty-exposed insurers show signs of struggle as loss costs worsen.
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This follows the firm’s exit from primary aviation.
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The organization was hoping to grow its reinsurance cover.
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Technology is key to streamlining the value chain and mitigating loss ratios.
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In the absence of interim action, the segment could face an “availability crisis”.
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The carrier expects to book $100mn-$140mn from the California wildfires.
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Casualty reserve concerns continue to mount as releases remain elevated.
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The start-up has achieved an A- credit rating from AM Best.
Related
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MSI to purchase 15% of WR Berkley shares
March 28, 2025 -
Munich Re America hires Arch Re’s Hackett as casualty head
March 25, 2025 -
February cat heatmap: A break in the clouds
March 25, 2025 -
Wilson appointed Markel Insurance CEO
March 17, 2025