Treaty Reinsurance

The contract will allow the insurance group to cede US workers comp, commercial auto and general liability risks.

The sector will see a slight dip in capital at the upcoming renewals, but growth prospects are strong, panellists at an S&P conference predict.

Scor’s John Jenkins and OdysseyRe’s Brian Young both believe “significant” change is needed in the pricing of Japanese business.

James River reported a net operating loss of $0.73/sh, better than the consensus estimate of a $0.92/sh loss but down from $0.64/sh profit made in Q3:18 as prior year Uber-related losses stung.

Hyperion X’s managing director of analytics said reserves were more challenged and the industry was more loss-exposed than ever.

The refund of a potential $2.23mn is likely to add fuel to activist Voce’s campaign at the carrier.

A benign period for cats, sustained by improved investment income and a doubling of non-insurance revenue, helped the company boost operating earnings

Green will report to Kemper president and CEO Joseph Lacher.

The appointment of Jeff Irvan reflects a reinsurance expansion push at the broker following investment from BCI and PCP.

The group recorded a four-fold increase in operating earnings despite absorbing losses of $281mn from Typhoon Faxai.

The reinsurer is expecting the segment to see at least double-digit rate increases.

An improved expense ratio and fewer cat losses partially offset the decline at the Dino Robusto-led carrier.