Evan Greenberg – Chubb

Chubb’s Greenberg says firming spreading to more classes and territories

2019-07-23T20:43:00+01:00

Chubb narrowly beat analysts’ expectations in the second quarter, with chairman and CEO Greenberg describing the results as “about growth and pricing”.

Alan Schnitzer – Travelers

Travelers shares down 3% after non-cats and tort trends hit results

2019-07-23T17:17:00+01:00

Investors reacted negatively as Travelers highlighted higher than expected non-catastrophe weather losses and a worsening tort trend that extended from commercial auto into other liability coverages in its Q2 earnings.

Barry Goldstein – Kingstone Companies

New CEO pulls Kingstone out of commercial liability

2019-07-24T03:47:00+01:00

US regional insurer Kingstone Companies has decided to no longer underwrite commercial liability risks.

Rob Berkley

Pace of hardening accelerating as industry reacts to pain: Berkley

2019-07-23T21:57:00+01:00

WR Berkley has revealed its average rate increases excluding workers compensation in the second quarter were more than 5 percent, with its CEO saying on an earnings call that the pace of change is accelerating.

RenRe Q2 results

RenRe beats big and reveals $700mn+ third party capital raise

2019-07-23T21:29:00+01:00

RenaissanceRe delivered a strong Q2 earnings beat in its first full quarter of reporting to include Tokio Millennium Re (TMR) results following the close of the deal to buy its smaller rival in March this year.

Alan Schnitzer – Travelers

Travelers shares down 3% after non-cats and tort trends hit results

2019-07-23T17:17:00+01:00

Investors reacted negatively as Travelers highlighted higher than expected non-catastrophe weather losses and a worsening tort trend that extended from commercial auto into other liability coverages in its Q2 earnings.

Barry Goldstein – Kingstone Companies

New CEO pulls Kingstone out of commercial liability

2019-07-24T03:47:00+01:00

US regional insurer Kingstone Companies has decided to no longer underwrite commercial liability risks.

Rob Berkley

Pace of hardening accelerating as industry reacts to pain: Berkley

2019-07-23T21:57:00+01:00

WR Berkley has revealed its average rate increases excluding workers compensation in the second quarter were more than 5 percent, with its CEO saying on an earnings call that the pace of change is accelerating.

RenRe Q2 results

RenRe beats big and reveals $700mn+ third party capital raise

2019-07-23T21:29:00+01:00

RenaissanceRe delivered a strong Q2 earnings beat in its first full quarter of reporting to include Tokio Millennium Re (TMR) results following the close of the deal to buy its smaller rival in March this year.



Hurricane Barry

Hurricane Barry insured loss estimates compared

CoreLogic is the latest to release a Hurricane Barry estimate, saying total insured losses including the National Flood Insurance Program (NFIP) will be between $400mn and $800mn.

Bell curve – volcano

Un-modelled risk: Known unknowns?

The recent spate of natural catastrophe losses has once again put the focus on un-modelled risk, and what steps are being taken by the market to cover the gaps.

Q2 Earnings

Analysts mixed on positive US pricing thesis as Q2 earnings begin

Although the second quarter P&C earnings season that got underway in the US today will include the impact of weather losses and positive marks on investment portfolios, the focus of investors is likely to be on pricing momentum.

Hurricane Barry

Hurricane Barry insured loss estimates compared

CoreLogic is the latest to release a Hurricane Barry estimate, saying total insured losses including the National Flood Insurance Program (NFIP) will be between $400mn and $800mn.

Bell curve – volcano

Un-modelled risk: Known unknowns?

The recent spate of natural catastrophe losses has once again put the focus on un-modelled risk, and what steps are being taken by the market to cover the gaps.

Q2 Earnings

Analysts mixed on positive US pricing thesis as Q2 earnings begin

Although the second quarter P&C earnings season that got underway in the US today will include the impact of weather losses and positive marks on investment portfolios, the focus of investors is likely to be on pricing momentum.



Golden goose

Emulate not end the Pool Re golden egg…

Next week the UK will have a new Prime Minister. Whether it is current favourite Boris Johnson or his challenger Jeremy Hunt, the new First Lord of the Treasury will arrive at Ten Downing Street to inherit the failed Brexit process, a divided country and a minority in Parliament. If ...

US commercial Insurance

Market psychology points to sustained pricing shift

It will not come as any surprise if a strong theme of the upcoming Q2 earnings season is bullish commentary from insurers on US commercial insurance pricing.

Pool Re Mind the Gap

Pool Re edges closer to closing the terrorism protection gap

News today of Britain’s state-backed terrorism reinsurer Pool Re’s £40mn ($50mn) retro placement for non-damage business interruption (NDBI) following a terrorist attack marks the latest step in the organisation’s journey towards closing the insurable gap for UK firms.

Golden goose

Emulate not end the Pool Re golden egg…

Next week the UK will have a new Prime Minister. Whether it is current favourite Boris Johnson or his challenger Jeremy Hunt, the new First Lord of the Treasury will arrive at Ten Downing Street to inherit the failed Brexit process, a divided country and a minority in Parliament. If ...

US commercial Insurance

Market psychology points to sustained pricing shift

It will not come as any surprise if a strong theme of the upcoming Q2 earnings season is bullish commentary from insurers on US commercial insurance pricing.

Pool Re Mind the Gap

Pool Re edges closer to closing the terrorism protection gap

News today of Britain’s state-backed terrorism reinsurer Pool Re’s £40mn ($50mn) retro placement for non-damage business interruption (NDBI) following a terrorist attack marks the latest step in the organisation’s journey towards closing the insurable gap for UK firms.