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Hiscox Reserves $60 Million for Middle East as First-Half Profit Rises
Middle East conflict, CEO Aki Hussain said in a conference call. Hiscox is upgrading its 2026 profit growth guidance to 9% from 8%, he said, a "material step up" from 6% profit ...
Source: BestWire   Date: August 5, 2026
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Greenlight Re CEO: Middle East Conflict Leads Second-Quarter Loss, Sparks Nonrenewals
Greg Richardson said in a conference call. The Middle East conflict is a challenge for Greenlight Re's specialty book, he said. There is a high degree of uncertainty related these ...
Source: BestWire   Date: August 5, 2026
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Lancashire CFO: Modest Reserves Raised for Middle East, Baltimore Bridge
Lancashire recently said its U.S. operation is expanding its product portfolio by adding financial lines, inland marine and environmental liability (BestWire, June 11, 2026). The ...
Source: BestWire   Date: July 29, 2026
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Lancashire First-Half Profit Rises Despite Middle East, Baltimore Bridge Exposures
The undiscounted combined ratio improved to 90.8 from 97.8. "The first half of 2026 demonstrated the strength of Lancashire's strategy in action," Chief Executive Officer Alex ...
Source: BestWire   Date: July 29, 2026
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Munich Re Specialty Launches Japan Parametric Quake Cover Through Lloyd's
Japan using the Lloyd's Japan platform. The coverage is designed to provide access to liquidity funds following an event, supporting recovery and continuity even in the absence of ...
Source: BestWire   Date: July 28, 2026
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Chubb Posts Higher Underwriting Income as Second-Quarter Profit Slips
The property/casualty combined ratio improved to 83.8 from 85.6. P/C underwriting income rose 18.8%, and total pretax net catastrophe losses fell to $475 million from $630 million. ...
Source: BestWire   Date: July 21, 2026
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QBE Estimates Middle East Losses at $60 Million
Australia and a series of storms in the northern hemisphere. QBE said a direct underwriting impact from the Middle East conflict was not material to date, with net claims estimated ...
Source: BestWire   Date: May 8, 2026
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Hiscox CFO: Middle East Losses Uncertain as Group Launches Supportive Sidecar
... Rates increased in general liability and alternative risk. Rates overall fell 4%. The group said it is walking away from underpriced property risk, particularly in direct and ...
Source: BestWire   Date: May 7, 2026
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Lancashire CEO: Middle East Conflict Will Reshape War Risk Underwriting Approach
Maloney said in a conference call. The Middle East conflict will likely see the market revisit its positions on political violence coverage as well as those of downstream energy ...
Source: BestWire   Date: April 30, 2026
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Lloyd's CEO: Re-platforming Remains a Priority as Profit Rises in Volatile Market
Patrick Tiernan said in a statement. The market maintained underwriting discipline and benefited from a conservative investment strategy, he said. Tiernan said Lloyd's is doing ...
Source: BestWire   Date: March 19, 2026
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Canopius Sees Increased Competition as 2025 Profit Rises
Canopius for an undisclosed amount (BestWire, Dec. 10, 2025). Vave is a "home grown" algorithmic MGA underwriter in the U.S. excess and surplus lines market, Canopus said. "As Vave ...
Source: BestWire   Date: March 11, 2026
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Santam Raises 2025 Profit, Trims Specialty Premiums on Soft Rates
Reserves were strengthened by 900 million rand in 2025. Underwriting actions over the past two years improved Santam's risk profile and the strength of the group's in-force book, ...
Source: BestWire   Date: March 9, 2026
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LMA: Vessels Worth $25 Billion Remain in Persian Gulf Area
Market Association said. About 1,000 vessels with an aggregate hull value exceeding $25 billion are in the Persian/Arabian Gulf and surrounding waters, about half of them oil and ...
Source: BestWire   Date: March 6, 2026
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Lancashire CEO Comfortable With Middle East Conflict Exposure
Alex Maloney said in a conference call. Its loss exposures are quickly visible, he said. The group is comfortable with any exposure it might have in the region even in a fluid ...
Source: BestWire   Date: March 5, 2026
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Beazley Pares Cyber Portfolio Amid Rate Softening
Chief Executive Officer Adrian Cox in a statement. "As we start 2026, we continue to see a similar pattern of competitive insurance pricing and global instability," he said. "In ...
Source: BestWire   Date: March 4, 2026
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Hiscox Posts Lower 2025 Profit as Competition Hits Rates in Some Lines
The group undiscounted combined ratio improved to 87.8 from 89.2. Losses for the year were within expectations, as the significant California wildfire losses in the first half were ...
Source: BestWire   Date: February 25, 2026
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Zurich Insurance CEO: Construction, Data Centers a Hot Commercial Lines Market
Zurich Insurance Group Ltd. sees strong commercial property/casualty and life insurance growth as the group shows improvement in its retail lines, its chief executive officer said. ...
Source: BestWire   Date: February 19, 2026
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AIG CEO: Renewals Pricing, Recent Deals Set Stage for 2026 Gains
American International Group Inc. will see opportunities from a number of recent transactions as the group profits from reinsurance deals in a softening property market, its chief ...
Source: BestWire   Date: February 11, 2026
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MS Amlin Expands Asia-Focused Phoenix Re Cat Bond to $115 Million for 2026
... Bridge Street Re and provides it with three years of protection. Underwriting entities of MS Amlin parent MS&AD Insurance Group Holdings Inc. have current Best's Financial Strength ...
Source: BestWire   Date: January 6, 2026
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Lancashire Expects 'Measured' Specialty Growth as Rates Soften
Executive Officer Alex Maloney in a conference call. In the first quarter, Lancashire put estimated losses from the California wildfires at $145 million to $165 million, which is ...
Source: BestWire   Date: November 5, 2025
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