RGA reports a robust quarter with record capital deployment and strong premium growth, despite challenges in the US Financial ...
US primary insurer Travelers has raised the retention limit of its catastrophe excess-of-loss (XoL) reinsurance treaty for 2025 by $500 million. The 2025 treaty, which covers the accumulation of ...
A consumer lobby group is calling for a funding restructure of the federal government's cyclone reinsurance pool, which was established in 2022 to lower premiums in Australia's north. Living in ...
A global market research company has predicted the continual expansion of the global reinsurance market, in keeping with its recent steady growth. Market Research Future said the market size of ...
Revenue, often colloquially referred to as sales, is the lifeblood of every business. It represents the total income generated by a company through its primary business activities. This financial ...
California’s insurance framework may struggle to adequately address coverage needs for wildfires in Los Angeles, creating potential coverage gaps while leaving reinsurance companies largely ...
The California Fair Plan (CFP) has confirmed its reinsurance programme attaches at $900mn, with an exhaustion point of $5.78bn and varying levels of part-placement. The market is watching the ...
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EBITDA stands for Earnings before Interest, Taxes, Depreciation, and Amortization. It is a financial metric that represents the operational profitability of a company. EBITDA essentially answers ...
The U.S. Federal Emergency Management Agency (FEMA) transferred $757.835 million of the NFIP’s financial risk to the private reinsurance market at its renewal for a total premium of $139.9 million, as ...