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Kinsale or Axis Capital: Which is a Better-Positioned Stock?
Zacks via Yahoo Finance· 2 days agoAccording to AM Best, the total net underwriting loss was $38 billion in 2023, marking a 10-year...
Property Catastrophe Reinsurance Rates Moderate at June 1 Renewals: Report - Risk & Insurance
Risk & Insurance· 5 days agoAfter two years of significant rate increases, the property catastrophe reinsurance market is seeing...
Financial Services Roundup: Market Talk
The Wall Street Journal· 7 hours agoThis would make sense given that they are limited users of retrocession, which is used by reinsurers to mitigate risks, the analysts write, adding that...
Better preparedness is saving lives in climate disasters, new UN chief says
The Christian Science Monitor· 12 hours agoA top United Nations official says even though climate change makes disasters such as cyclones,...
Why Is American International Group (AIG) Up 0.2% Since Last Earnings Report?
Zacks via Yahoo Finance· 5 days agoThe metric surpassed our estimate of $517.9 million. Catastrophe losses plunged 59.8% year over year...
Axis Capital (AXS) Up 11.7% Since Last Earnings Report: Can It Continue?
Zacks via Yahoo Finance· 5 days agoOur estimate was $1.1 billion. Pre-tax catastrophe and weather-related losses, and net of...
Allstate (ALL) Down 2.5% Since Last Earnings Report: Can It Rebound?
Zacks via Yahoo Finance· 5 days agoUnderwriting income in the unit amounted to $898 million in the first quarter against the prior-year...
UN official highlights how better preparation has shrunk disaster deaths despite worsening climate -...
ABC17 NEWS· 4 days agoBy SETH BORENSTEIN AP Science Writer A top United Nations official says even though climate change makes disasters such as cyclones, floods and droughts more intense, more frequent and striking ...
SCOR successfully sponsors a new catastrophe bond, Atlas Capital DAC Series 2024-1
Benzinga· 5 days agoSCOR has successfully sponsored a new catastrophe bond ("cat bond"), Atlas Capital DAC Series 2024-1, which will provide the Group with multi-year risk transfer capacity of ...
Property-Catastrophe Reinsurance Rates Drop by 5% at June Renewals: Howden Re
Insurance Journal· 6 days agoProperty-catastrophe rates saw some moderating trends during the June 1 reinsurance renewals, with average risk-adjusted rates-on-line decreasing by 5% within a typical range ...