L.S. Howard is a journalist specializing in insurance and risk management. With a focus on the insurance industry, L.S. Howard writes articles for publications such as Insurance Journal and Carrier Management. Their work has also been featured in The Lancet.
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Aon reported net income attributable to shareholders of $524 million during the second quarter, a 6% decrease from $560 million in Q2 2023.
Investment firm Sixth Street will acquire Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, for $5.1 billion, according to Enstar in an announcement.
By: L.S. Howard
Insured losses from recent riots in the United Kingdom are expected to remain at manageable levels with a limited impact on insurers' credit profiles,
Insured losses from civil unrest can reach levels equal to some natural catastrophes—and the costs are growing every year. Of particular concern this year is the unprecedented “super-cycle” of elections when nearly half the world's population will go to the polls—which could provide many potential flashpoints across the globe.
Munich Re tops the list of the world's 50 largest reinsurers that use IFRS 17 reporting standards, while Swiss Re is the largest non-IFRS 17 reinsurer, according to AM Best.
Top reinsurers are showing increasing – but disciplined – appetite for natural catastrophe risks as a result of rising demand, improved pricing, more favorable terms and conditions, and improving investment income, according to a report published by S&P Global Ratings.
The Lloyd's insurance and reinsurance market reported overall profit before tax of £4.9 billion (US$6.4 billion), a 25.6% increase from the £3.9 billion (US$5.1 billion) reported during H1 2023.
The Lloyd’s insurance and reinsurance market reported overall profit before tax of £4.9 billion (US$6.4 billion), a 25.6 percent increase from the £3.9 billion (US$5.1 billion) reported during H1 2023. The combined ratio, which is a key measure of underwriting profitability, improved to 83.7 (from 85.2% in H1 2024), providing Lloyd’s with its best interim … Continued
Now that the market has achieved a first-half profit of £4.9 billion with a combined ratio of 83.7% — its best interim results in 17 years — does this mean the hard market cycle is ending?
Top reinsurers are showing increasing – but disciplined – appetite for natural catastrophe risks as a result of rising demand, better pricing, more favorable terms and conditions, and sound investment income, according to a report published recently by S&P Global Ratings. Most of the 19 largest global reinsurers rated by S&P increased their exposure to … Continued
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