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Cat models scrutinized as storm losses rise - Business Insurance
Business Insurance· 3 days agoA series of costly severe convective storms in the first five months of this year — on the back of...
Selective Insurance (SIGI) Up 0.1% Since Last Earnings Report: Can It Continue?
Zacks via Yahoo Finance· 3 days agoThe bottom line decreased 7.6% from the year-ago quarter. The company’s performance in the quarter...
Universal Says it Completed Reinsurance Program with only a Slight Bump in Cost
Insurance Journal· 6 hours ago“For this renewal, we approached the market with considerably more private market catastrophe...
Property Catastrophe Reinsurance Rates Moderate at June 1 Renewals: Report - Risk & Insurance
Risk & Insurance· 4 days agoAfter two years of significant rate increases, the property catastrophe reinsurance market is seeing...
Axis Capital (AXS) Up 11.7% Since Last Earnings Report: Can It Continue?
Zacks via Yahoo Finance· 3 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· 3 days agoUnderwriting income in the unit amounted to $898 million in the first quarter against the prior-year...
Property-Catastrophe Reinsurance Rates Drop by 5% at June Renewals: Howden Re
Insurance Journal· 4 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 ...
SCOR successfully sponsors a new catastrophe bond, Atlas Capital DAC Series 2024-1
Benzinga· 4 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 ...
After rare loss in 2022, USAA returns to profitability in '23
San Antonio Express-News· 3 days agoFor 2023, USAA reported a profit of $1.2 billion, up from 2022's $1.3 billion loss but down from a...
After rare loss in 2022, USAA returns to profitability in '23
San Antonio Express-News· 3 days agoFor 2023, USAA reported a profit of $1.2 billion, up from a loss of $1.3 billion in 2022 but down...