Treaty Reinsurance
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Total economic losses are not expected to surpass $1.5bn, the broker outlined in its latest monthly catastrophe update.
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The personal lines giant has reined in its loss estimate for Camp Fire as other cedants show creep. -
Capital has rebounded by 3 percent to $605bn in the first quarter of 2019.
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Cameroon’s Sonara refinery and Algeria’s Arzew production plant have both been hit by fires in the past month.
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Casualty rides coat tails of advances in US primary lines, while cat shows uneven improvement.
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Assurant is targeting less volatile earnings after amending its reinsurance programme.
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Pressure from both Lloyd’s and company markets has pushed up rates in the energy market segment.
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AFG’s decision to retain the group looks like a bet on improved pricing and market transformation.
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The reinsurer cites regional geopolitical headwinds as a reason for the infusion.
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FedNat has increased its level of aggregate protection in advance of its acquisition of 1347 PIH.
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The deal was expected to close by the end of June.
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A subsidiary of RGA will reinsurance a seasoned block of US annuity business for Horace Mann under the agreement.
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