RenRe cedes losses to buyers, as Ian dents cat bonds & efficiency charges
RenaissanceRe, the Bermuda headquartered reinsurance and third-party capital management specialist, passed on some $372.4 million of losses to investors in ...
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Sunday, May 28, 2023
Tag: losses
Australia’s insured flood losses attain $8.8bn since 2019: ICA
Driving home the escalating costs of flooding in Australia, the Insurance Council has released data that shows the country has ...
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Swiss Re places 9-month cat losses at $2.5bn, falls to $285m internet loss
For Swiss Re, global natural catastrophe and severe weather events have been a significant driver of a net loss of ...
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FHCF tasks $10bn of losses from hurricane Ian
The Florida Hurricane Catastrophe Fund’s (FHCF) actuaries are projecting a $10 billion loss for the Fund after hurricane Ian, with ...
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Assurant’s hurricane Ian losses erode lower-layers of reinsurance
US specialty insurance group Assurant revealed that its losses from hurricane Ian have eroded the lower two layers of its ...
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Chubb reviews $1.2bn of cat losses for Q3, reinsurance companions to take share
Global insurance and reinsurance group Chubb reported almost $1.2 billion of catastrophe losses for the third-quarter of 2022, with $975 ...
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Hurricane Ian claims filed surpass 570k, losses $7.13bn up to now: FLOIR
The Florida Office of Insurance Regulation (OIR) has continued to update its information on hurricane Ian insured claims and losses, ...
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AXIS Capital studies $212m of Q3 cat losses, $160m from hurricane Ian
AXIS Capital, the Bermuda headquartered specialty insurance and reinsurance underwriter, has pre-announced an estimated $212 million ($186 million, after-tax) of ...
Read moreCat bond market’s precise losses from Ian could possibly be half the preliminary hit
Actual and realised losses from hurricane Ian for the catastrophe bond market could end up being as little as half ...
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Allstate cat bonds face Ian losses, because it sees $305m reinsurance restoration
US primary insurance giant Allstate has pre-announced a range of items that added up to make the third-quarter a particularly ...
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