QBE

QBE ups FY cat allowance by 10% to $1.06bn as anticipates exhausting budget

2022-11-21T14:32:00+00:00

Australian carrier QBE has revised its forecast for catastrophe losses for the year to $1.06bn as it said it expects to exceed its previous FY22 catastrophe allowance of $962mn.

II-Amynta

Amynta generated $1.1bn TTM revenue through September

2022-11-18T15:35:00+00:00

Amynta generated total Gaap revenue of over $1.1bn in the 12 months ended 30 September 2022, Moody’s has revealed while rating the MGA platform’s new $150mn senior secured term loan.

Tokio Marine Q2 results

Tokio Marine HCC posts 87% CR in Q2; international profits slide at group level

2022-11-18T08:24:00+00:00

Tokio Marine HCC (TMHCC) saw its combined ratio improve to 87 percent during the second quarter of the financial year, an improvement of 1.3 percentage points on the prior-year period.

MS Amlin H1 results

MS Amlin falls to £131mn H1 loss as books £157mn Hurricane Ian hit

2022-11-18T08:14:00+00:00

MS&AD-owned MS Amlin has posted a net loss of £131mn ($156mn) for the first half of the financial year – down from a profit of £33mn in the prior-year period – as the carrier estimated its Hurricane Ian loss at £157mn.

Sompo International H1 results

Sompo International improves H1 CR to 90.3%

2022-11-18T07:50:00+00:00

Sompo International has reported a 57 percent increase in commercial P&C underwriting profit for the first half of parent company Sompo Holdings’ financial year. 

Ardonagh

Ardonagh reports organic growth of 6% but pre-tax loss widens

2022-11-17T10:10:00+00:00

The Ardonagh Group has reported organic growth of 6 percent for the first nine months of 2022, as the private equity-backed UK intermediary saw its pre-tax loss widen to £235.9mn ($280.7mn).

QBE

QBE ups FY cat allowance by 10% to $1.06bn as anticipates exhausting budget

2022-11-21T14:32:00+00:00

Australian carrier QBE has revised its forecast for catastrophe losses for the year to $1.06bn as it said it expects to exceed its previous FY22 catastrophe allowance of $962mn.

II-Amynta

Amynta generated $1.1bn TTM revenue through September

2022-11-18T15:35:00+00:00

Amynta generated total Gaap revenue of over $1.1bn in the 12 months ended 30 September 2022, Moody’s has revealed while rating the MGA platform’s new $150mn senior secured term loan.

Tokio Marine Q2 results

Tokio Marine HCC posts 87% CR in Q2; international profits slide at group level

2022-11-18T08:24:00+00:00

Tokio Marine HCC (TMHCC) saw its combined ratio improve to 87 percent during the second quarter of the financial year, an improvement of 1.3 percentage points on the prior-year period.

MS Amlin H1 results

MS Amlin falls to £131mn H1 loss as books £157mn Hurricane Ian hit

2022-11-18T08:14:00+00:00

MS&AD-owned MS Amlin has posted a net loss of £131mn ($156mn) for the first half of the financial year – down from a profit of £33mn in the prior-year period – as the carrier estimated its Hurricane Ian loss at £157mn.