Buffett’s Greatest Asset and Costliest Mistake Are Two Sides of the Same Coin
Natural disasters slashed profits in one unit,while underwriting natural disaster risk continued to payoff.
Natural disasters slashed profits in one unit,while underwriting natural disaster risk continued to payoff.
The federal government's costs tied to catastrophes has exploded over the past decade and may no longer be sustainable.
Conduit execs say that planned updates to industry external catastrophe models will bring them up to par with internal models.
With insurance industry clients like AIG and Allstate already on board, Blackstone says its private credit opportunity is “significant.”
An update to the insures internal model would reduce its regulatory capital requirement by over NOK 2 billion.
Bermuda-based Axis said that inflationary pressures were hitting legacy claims.
Losses continue to dog insurers even in the best of times.
Lloyd’s of London, Marsh and other insurers see an opportunity in the debate around US bank capital rules.