-
The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation. -
The book of business comprises both personal and commercial lines.
-
The announcement spurred a quick spike in stock market valuations.
-
Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.
-
Swiss Re and Talanx led the gains among listed European carriers.
-
The carrier has received 12,300 claims as of 28 March.
-
RBC reports can help regulators identify weakly capitalized companies.
-
The carrier has paid $1.75bn on around 9,500 claims filed from the wildfires.
-
The MGA will have a broad casualty-focused appetite with Lloyd’s capacity backing.
-
The carrier said 72% of those losses occurred in personal property.
-
A higher loss quantum will put a greater burden on retro programmes.
-
Insurers have paid $6.9bn in Southern California wildfire claims in the first four weeks of recovery.
