Philippines regulator sets aside cat premium hikes
December 29 2022 by Mithun Varkey-
Baltimore bridge collapse’s insured losses could hit US$4bn: report
- March 28
Insured losses could total range from US$2-4bn, with 80 different reinsurers having provided cover to the Singapore-flagged container vessel's insurers, Reuters reports.
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China Re returns to profit on strong FY2023 primary P&C, overseas growth
- March 28
China's largest P&C reinsurer said lower cat losses, and improved rate conditions at its wholly-owned Chaucer also helped it achieve a 18% growth in overseas reinsurance gross written premium.
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1.4: South Korean cedents to see single-digit rating increases
- March 28
While the market has yet to fully recover from the past years’ big industrial and cat losses, reinsurers are comfortable with where the rates, terms and conditions are now.
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Britannia P&I’s Bermudan reinsurers, Axa XL set to bear brunt of multi-billion-dollar Baltimore bridge collapse
- March 27
The event involving Singapore-flagged Dali, which could likely be the biggest insured loss in maritime history, will increase pool layer costs and container GXL pricing next year, sources tell IAN.