Analysis

European and US P&C shares deliver mixed results despite strong September for global equity

Several (re)insurance stocks capitalised on the positive momentum from the US Federal Reserve's bumper rate cut in September, but others underperformed during a mixed month for the sector.

US insurance composite edges up 0.2% as Helene leaves (re)insurance stocks largely unscathed

Nine of the 11 industry groups in Stonybrook Capital and Weild & Co’s North American insurance composite remained in positive territory last week, despite Hurricane Helene making landfall as a Category 4 storm in Florida’s Big Bend region.

New entrants hold key to Lloyd’s reaching $100bn GWP target

This morning The Insurer has revealed Santam as the latest in a series of international carriers to be linked with a move into the Lloyd’s market amid a drive by the Corporation’s CEO John Neal to attract big names from across the insurance world to One Lime Street.

US insurance composite rose 1.2% last week as Wall Street welcomed Fed rate cut

The North American insurance composite compiled by investment banks Stonybrook Capital and Weild & Co underperformed all major Wall Street indices last week.

US insurance composite underperforms as Wall Street bounces back

The North American insurance composite compiled by Stonybrook Capital and Weild & Co rose by just 0.4 percent last week, weighed down by Berkshire Hathaway’s 2.6 percent decline.

US-listed reinsurance stocks slide following RVS despite positive sentiment

Shares in US-listed reinsurers have traded down following the Monte Carlo Rendez-Vous, with Fidelis and Hamilton leading the losses since last Friday.

The small are getting bigger with Lloyd’s 2025 syndicate pre-emptions

It is typically the smaller and mid-sized Lloyd’s syndicates that are preparing for greater relative growth next year compared to their larger peers, analysis of pre-emption applications by this publication demonstrates.

Cyber wholesalers unsure whether recent events will “move the needle” on pricing

Cyber market reports from wholesalers Amwins and Risk Placement Services show a soft market despite several high-profile events and increased ransomware activity, with new entrants and existing carriers showing a willingness to offer up to $10mn in limits.

US P&C conditions “favourable” despite casualty concerns

Concern over casualty was the dominant theme among leaders of US-listed carriers on Q2 earnings calls, although overall market conditions remain favourable despite slowing price increases.

LatAm reinsurance demand growing as opportunities arise in Brazil

As Latin American insurers refine their risk management strategies, AM Best believes their need for reinsurance will grow, while in Brazil the rating agency said a pullback from the country’s largest player – IRB(Re) – is presenting opportunities for other reinsurers.

Reciprocals finding favour but not for everyone

With at least five reciprocal exchanges having launched this year, interest in the structures – especially in homeowners property – is at an all-time high, even as some observers question the model’s long-term success beyond major players such as USAA and Erie.

US insurance composite fell 2.4% last week as S&P 500 recorded its worst weekly performance in 18 months

The North American insurance composite, compiled by investment banks Stonybrook Capital and Weild & Co still beat all major Wall Street indices on the week to Friday and is 24.9 percent up on a year-to-date basis.

Top 10 Reinsurance Broker Rankings

Following the whirlwind of M&A activity from 2018 to 2022, our annual Top 10 Reinsurance Broker Rankings, based on 2023 revenue estimates, reveals a stabilised top tier, while the new wave of challenger brokers has begun to make its mark further down the table.

Legacy market begins to bounce back after challenging start to 2024

Reinsurers to remain hungry for cyber at 1.1

The dynamic of abundant reinsurance capacity and less pressure on demand seen at mid-year is expected to continue heading into the 1 January renewals despite the impact of the CrowdStrike outage.

Hannover Re and Heritage lead gains in Europe and US as P&C stocks outperform in August

Despite a turbulent start to the month, insurance stocks surged in August as global equities rebounded on easing fears of slowing economic growth and anticipation of an interest rate cut cycle by the US Federal Reserve beginning in September.

Europe’s big four reinsurers continue P&C performance improvement in Q2

Europe’s four major reinsurers all reported a year-on-year improvement in P&C combined ratios in the second quarter despite a series of international catastrophe losses during the period.

US insurance composite rises 3.1% amid rebound in global equity

The North American insurance composite compiled by investment banks Stonybrook Capital and Weild & Co finished in record territory on Friday after all 11 industry groups recovered during the week.

US insurance composite ends flat after roller-coaster week

The North American insurance composite, compiled by investment banks Stonybrook Capital and Weild & Co, closed out the week 0.2 percent higher amid the most volatile week for markets in 2024.

From ideas to products - how firms are empowering internal entrepreneurship

As insurance firms increasingly seek to foster entrepreneurial thinking to respond to new risks and technologies, The Insurer examines how companies are encouraging their employees to participate in innovation challenges.

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