RenaissanceRe
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The figure – which included $440mn in losses from Hurricane Ida and $210mn from severe flooding in Europe – exceeds the $617mn in claims in the third quarter of 2017. -
From ESG to social inflation, systemic risk to cat risk, we highlight some of the top discussions from this year’s four-day virtual conference.
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The Inside P&C Select Index outperformed the S&P 500 (5.7% to 2.9%) in August, despite Hurricane Ida making landfall.
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The drivers that led to the consolidation in the reinsurance industry might not replicate for a while.
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Good news may be temporary, no matter how good it is.
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With surging capital supply, a hybrid model will continue to be a value creator in the reinsurance space.
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RenRe CEO Kevin O’Donnell said cyber reinsurance rates were two fifths higher in Q2 than during the same period last year.
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The reinsurer has been reducing its exposure to domestic companies since 2019.
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RenRe beats estimates with $329mn underwriting income driven by a surge of profits in its property segment.
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Following strong year-to-date performance, P&C stocks were down in June after a change of tone in a Fed meeting.
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The changing reinsurance market dynamics are impacting reinsurers' ability to raise rates.
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New CEOs were not able to consistently create higher book value growth than their predecessors, and any growth achieved wasn’t maintained after five years.
Most Recent
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Daily Digest: Top news from November 22
November 22, 2024 -
Cyber attacks on supply chain up 431% since 2021: Cowbell
November 22, 2024 -
PE firm Capital Z takes $240mn minority stake in retail broker Leavitt
November 22, 2024