Travelers secures additional hurricane reinsurance at renewal, upsizes Northeast property cat treaty

Published on July 20, 2023
US primary insurer Travelers has again increased the size of its Northeast property catastrophe excess-of-loss (XoL) reinsurance treaty by $100 million at
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AIG, AXA Weighing Sales of UK Businesses: Sources

July 20, 2023
Two of the world's largest insurers are weighing the sale of businesses in the United Kingdom, according to people familiar with the matter. American

Active June sees Allstate report Q2 2023 catastrophe losses of $2.7bn

July 20, 2023
Large U.S. insurer Allstate has reported catastrophe losses of an estimated $1.13 billion for June 2023, taking total losses from events for the