Reinsurance

Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says

LONDON (Reuters) - Global property catastrophe reinsurance rates will fall by 5% to 15% on January 1 for the books of companies without losses, as the market becomes more competitive after... Years of high interest rates. . Reinsurance…

Property catastrophe reinsurance rates fall in July, report says By Reuters

Investor Empires

LONDON (Reuters) - Global property catastrophe reinsurance rates ranged from unchanged to “mid- to high-single-digit” declines in July after years of rising prices, reinsurance broker Guy Carpenter said on Monday. Insurance companies tend…

Aon Q4 earnings trail consensus, revenue beats, buoyed by reinsurance unit (NYSE:AON)

Investor Empires

JHVEPhoto Aon plc (NYSE:AON) Q4 adjusted EPS fell short of Wall Street expectations, delivering no growth from the same quarter a year ago. It stock slipped 0.6% in Friday morning trading. Q4 adjusted EPS $3.89, trailing the consensus…

U.S. property reinsurance rates rise by up to 50% on Jan 1-broker says By Reuters

Investor Empires

2/2 © Reuters. FILE PHOTO: Oscar Petrona, 23, takes a break while making repairs to his house damaged by Hurricane Otis, in the El Pedregoso neighborhood, in Acapulco, Mexico, November 2, 2023. REUTERS/Jose Luis Gonzalez/File Photo 2/2…

Brookfield Reinsurance makes $55 per share offer for American Equity Investment (NYSE:AEL)

Investor Empires

Andrey Popov Brookfield Reinsurance (New York Stock Exchange: BNRE(proposal to acquire American Equity Investment Life Holding)New York Stock Exchange: AEL) for a mixture of stock and cash totaling $55.00 per share of AEL in a…