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PartnerRe’s 2024 non-life CoR increases 9 points to 90.6%
The segment’s underwriting results halved to $532mn in 2024 from $1.07bn in the prior year.
Latest News
A roundup of all the news you need, including MS Amlin’s 2024 results.
Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.
Cyber, marine and aviation are recent areas of focus.
The executive will remain with the firm as a senior adviser to the CEO until mid-2026.
Opinion
Featured
European reinsurers grow over 2024 – but caution emerged at 1.1
Some of the Big Four are slowing growth as the market softens.
Most Read
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MS Amlin 2024 underwriting profit up 12% to $250mn
18 March 2025 -
Wilson appointed Markel Insurance CEO
17 March 2025 -
Tony Markel to retire as Markel board vice chair
17 March 2025
Analysis
The market improved on attritional losses in 2024 – but slowing rate growth raises queries over top-line momentum.
Hiscox, Beazley and Lancashire all reported top line growth, but ROEs dipped in an active wind season.
Sources warned of the erosion of underwriting margins after a string of strong years.
Two major claims have prompted underwriters to question the sustainability of double-digit rate decreases.
Interviews
Kathleen Reardon, CEO of Hiscox Re & ILS, discusses the company’s 2024 results, the impact of the California wildfires and leadership development strategies for the next generation.
California wildfire losses will be significant but still manageable for Bermuda (re)insurers, John Huff said, as local carriers are leaning into specialty lines growth.
The company’s syndicate has booked an 87.4% combined ratio for 2024.
The executive said MGA and broking start-up activity looked set to continue.
Behind the Headlines
Behind the Headlines is a fortnightly podcast hosted by Insurance Insider's senior reporter Sam Casey.
Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.
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