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Iulia Ciutina
Published by this author:
US P&C statutory combined ratio drops to 99.6% in 2018
The largest underwriting margin was reported in personal lines, where the combined ratio was 98.7 percent.
Iulia Ciutina
,
27 June 2019
Industry vacuum driving InsurTech investment
A large technological vacuum created after years of neglect is at the heart of InsurTech’s recent rapid growth, delegates heard at InsiderTech New York.
Iulia Ciutina
,
14 June 2019
Only 9% of top executives in P&C (re)insurance are women
The US market also lags the wider industry in its level of female representation at the top.
Iulia Ciutina
,
11 June 2019
United Insurance completes cat renewal with $4bn of cover
The Floridian carrier bought 8 percent more cover than last year, inclusive of a $3.2bn core cat tower.
Iulia Ciutina
,
05 June 2019
P&C (re)insurance women gain one extra board seat in 11 years
Only 11 percent of companies in our analysis have relatively equal representation on their boards.
Iulia Ciutina
,
04 June 2019
Jebi creep and higher expenses drag on Bermudian Q1 results
First-quarter combined ratios deteriorated at most Bermuda-based (re)insurers.
Iulia Ciutina
,
14 May 2019
Third Point Re posts profit in Q1 with better underwriting results
The Bermudian total return (re)insurer reporter an improved combined ratio in Q1 2019 compared with a year prior.
Iulia Ciutina
,
10 May 2019
Capital providers ‘waking up’ to Florida difficulties: O’Donnell
Reinsurers recognize the need for more rate for the risk being ceded, O’Donnell said on the firm’s Q1 call.
Iulia Ciutina
,
08 May 2019
UPC halves capacity needs for cat programme at 1.6 to $808mn
Increased cat bond issuance, FHCF participation, and quota share usage reduces capacity needed at 1 June.
Gavin Davis
,
08 May 2019
FedNat sent to Q1 loss by March hail storm
FedNat reported a quarterly loss as it took a $18.7mn hit from the March hail storm.
Iulia Ciutina
,
08 May 2019
United Insurance increases Irma gross loss estimate to $965mn
The carrier was the only Floridian to report loss creep from Hurricane Irma in the quarter.
Iulia Ciutina
,
08 May 2019
RenRe beats in Q1 despite slight underwriting deterioration
The Bermudian (re)insurer posted a combined ratio of 72 percent in Q1 2019, a 1.4 percentage point increase year on year.
Iulia Ciutina
,
08 May 2019
Sirius Q1 results overcome US hurricane loss creep
The carrier posted strong earnings in Q1 2019, more than doubling its EPS from a year ago.
Iulia Ciutina
,
07 May 2019
Everest Re sees biggest P&C insurance rate change in five years
Everest Re executives were relatively optimistic about P&C (re)insurance pricing.
Iulia Ciutina
,
07 May 2019
Everest Re posts solid earnings beat in Q1
The Bermudian (re)insurer reported a combined ratio of 88.7 percent in Q1 2019.
Iulia Ciutina
,
07 May 2019
Auto reserve charges send Greenlight Re to underwriting loss
The Bermudian total return (re)insurer posted EPS of $0.16 in Q1 2019, driven partly by investments.
Iulia Ciutina
,
07 May 2019
Rate increases in line with loss cost trends: Selective
Selective achieved renewal pure price increases that, on average, were in line with expected loss trends.
Iulia Ciutina
,
03 May 2019
Most P&C rates likely to rise 4-6% in 2019: AFG’s Lindner
Renewal pricing in each of the company’s specialty property casualty sub-segments exceeded expectations.
Iulia Ciutina
,
02 May 2019
James River E&S submissions up 17%, pricing up 3%
The carrier posted operating earnings of $0.71 per share in Q1 2019 that beat analyst estimates.
Iulia Ciutina
,
02 May 2019
Watford Re debuts with 20.8% ROE in Q1
The total return reinsurer reported a strong return in its first set of results as a public company.
Iulia Ciutina
,
02 May 2019
Market missed the mark on Jebi BI claims: Grandisson
Arch’s chief executive said that Jebi business interruption exposures fuelled loss creep in the market.
Iulia Ciutina
,
01 May 2019
Florida market is ‘taking a pause’: Grandisson
Arch CEO Marc Grandisson said the company shows “prudence and patience” in the P&C marketplace.
Iulia Ciutina
,
01 May 2019
Arch beats in Q1 despite Jebi loss creep
The Bermudian (re)insurer surpassed consensus expectations in the first quarter with operating earnings of $0.67.
Iulia Ciutina
,
01 May 2019
Axis’ US casualty excess book up 12% amid E&S market firming: Benchimol
The reduced appetite in standard lines have led to a market firming in E&S lines, the executive said.
Iulia Ciutina
,
25 April 2019
Axis increases Jebi industry loss estimate to $12.5bn
The Bermudian increased its industry insured loss estimate at the end of Q1 from $8bn at the end of last year.
Iulia Ciutina
,
25 April 2019
Axis reports $30mn loss creep from Typhoons Jebi and Trami
The Bermudian (re)insurer misses analyst expectations in Q1 2019.
Iulia Ciutina
,
25 April 2019
Postcard from InsiderTech Chicago
The future of insurance lies in the application of artificial intelligence across the value chain.
Iulia Ciutina
,
09 April 2019
Lloyd’s 2018: Two-thirds of syndicates underwriting at a loss
More than half of syndicates report a combined ratio above 100 percent for the third consecutive year.
Catrin Shi
,
04 April 2019
Willis Re describes 1.4 renewals as ‘rational’
Increases of up to 25 percent on loss-affected contracts were balanced by flat renewals for loss-free business, the reinsurance broker finds.
Iulia Ciutina
,
01 April 2019
InsurTechs end 2018 with improved results
A sharper focus on underwriting profitability bears fruit for Lemonade, Metromile and Root.
Iulia Ciutina
,
26 March 2019
Metromile adds CTO from Uber
InsurTech Metromile hired Paw Anderson as Chief Technology Officer, previously a senior leader of engineering in Uber’s Advanced Technology Group.
Iulia Ciutina
,
21 March 2019
USAA joins Roost’s Home Telematics Program
USAA has joined State Auto and CFM Insurance and become the latest carrier to join Roost’s Home Telematics Program (HTP).
Iulia Ciutina
,
20 March 2019
Citizens looks to add personal lines reinsurance
The state-backed insurer is looking to refine its reinsurance programme but overall demand remains subdued after it has depopulated its portfolio.
Emmanuel Kenning
,
20 March 2019
Fee income offsets cat losses at Floridians in Q4
The five listed Florida-based P&C insurers were pushed into the red by adverse reserve development and Hurricane Michael.
Iulia Ciutina
,
19 March 2019
Bermudians continued to reduce PMLs in 2018
Probable maximum loss figures fall to the lowest levels in at least six years.
Iulia Ciutina
,
12 March 2019
Florida: The acid test of the cat market
Nephila, RenRe and Validus go on the record with this publication on the forthcoming 1 June renewals.
Adam McNestrie
,
12 March 2019
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