Hannover Re lifts 2024 profit target as 9M net income reaches …
Nov 11, 2024 · Within P&C reinsurance, revenue jumped 9.4% year-on-year to €13.9 billion, and at unchanged exchange rates would have increased by 10.4%. The segment’s service result rose by a significant 65.2% to €1.46 billion from €885 million, as the combined ratio, despite the impacts of natural disasters in the period, strengthened to 87.9% from 91.9%.
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Top Global Reinsurance Groups - Reinsurance News
Top Global Reinsurance Groups. This Top Global Reinsurance Groups directory is based on research data from rating agency A.M. Best, and ranks companies based on full-year 2023 performance.. Listing the top reinsurers in the world, this directory provides a simple way to analyse the world’s top reinsurance companies.. You can sort the table by any of the headings and search it to analyse ...
Navigators & General to be acquired by Geo Underwriting
Aug 1, 2024 · Geo Underwriting, a division of Ardonagh Advisory that offers diverse insurance solutions, plans to acquire Navigators & General (N&G), a marine insurance provider, from Zurich UK.
JP Morgan expects the reinsurance market to stabilise heading …
Oct 3, 2024 · A new note from JP Morgan on the European reinsurance market following RVS 2024, says that with the industry now producing strong returns, analysts are expecting that 2025 will lead to a stabilisation of the reinsurance market.
HCI launching Tailrow as Florida homeowners insurance startup
Apr 11, 2023 · Prior to writing any business the new Florida domestic insurance company will need to have its first reinsurance program placed. Paresh Patel, the CEO of HCI Group will be President of the new insurer, but no further details are available on a management team for Tailrow Insurance at this time.
MNK Group establishes Labuan-based reinsurance entity Pt …
Oct 7, 2024 · MNK Group has established Pt Mekong Re, a Labuan-domiciled reinsurance entity, aimed at providing additional capacity for specialty lines of business and hard-to-place risks.
Hurricane Milton threatens tens of billions in insured losses ...
Oct 9, 2024 · “The track for Milton is rare but has happened before. For reference, the last hurricane to hit the Tampa area was in late October 1921 (as a Category 3) with an estimated 11 foot storm surge and 120 mph winds (there was also a hurricane that made landfall in the Tampa area in 1848),” RBC Capital Markets said.
Abu Dhabi Re expands product suite - Reinsurance News
Nov 26, 2024 · Abu Dhabi Reinsurance Company (ADRe), a reinsurance service provider in the Abu Dhabi Global Markets platform, has announced the expansion of its product suite to include Commercial General Liability.
Top 100 U.S. Property & Casualty Insurance Companies
The largest P&C insurers in the United States. This Top 100 U.S. Property & Casualty Insurance Companies directory is based on research data from rating agency A.M. Best. Listing the top property and casualty insurance companies in the United States, this directory provides a simple way to analyse the top P&C insurance companies in the U.S.. The property and casualty insurance groups featured ...