Casualty
Pine Walk launches casualty MGA
Sevanta Specialty Liability will focus on niche international specialty liability
Fitch positive about ‘big four’ European reinsurers
P&C ratios across the four – Hannover Re, Munich Re, Scor and Swiss Re – were 86.3% last year, with three recording 10%-plus RoE
Los Angeles fires will ‘firm up’ US reinsurance prices: S&P
S&P Global bullish on reinsurance market but unwilling to change outlook to positive
US P&C industry swings to 2024 underwriting profit
US property/casualty sector’s combined ratio improves 5.2 points to 96.4% on the back of underwriting turnaround
Allianz working on new India joint venture: report
German firm has reached ‘preliminary agreement’ with Ambani-backed company
Munich Re to acquire remaining 71% of US insurtech Next
Reinsurance giant moves to strengthen foothold in the US small commercial primary insurance market
D&O survey finds growing worries about litigation
Health and safety remains top concern for executives, followed by digital issues, with worries about bribery, human rights violations and supplier abuses, WTW survey finds
Lloyd’s 2024: Casualty reinsurance profits fall amid reserve strengthening
Underwriting profits decline 78% to £89m in 2024
US insurers post first annual underwriting profit in four years
US property/casualty sector posts underwriting profit of $22.9bn on a combined ratio of 96.6%
Allianz exits Indian joint ventures for €2.6bn
German insurance giant to sell 26% stakes in life and non-life joint ventures with Bajaj Group
California provisionally clears State Farm for emergency rate hike
Insurer must justify rate increases with data, cease non-renewals and secure $500m capital infusion from parent company
Synthetic data can fill the risk modelling gap
Generative artificial intelligence tools can be deployed to extrapolate existing data and fill gaps in the information available to models, says Xceedance’s Brandon Nuttall
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