hurricane Maria 2017

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Retro support helps SCOR to remain profitable so far in 2017

Despite the significant catastrophe losses facing the reinsurance industry, French reinsurer SCOR has reported a profit for the first none months of 2017, as support from its retrocession providers helped the firm to better manage its losses.SCOR's significant retro protection has helped to moderate the impact of recent catastrophes, including read the full article →

Markel CATCo hurricane loss reserve hits 20% of listed retro fund NAV

Reinsurance and retrocessional reinsurance investment manager Markel CATCo Investment Management has implemented loss reserves for hurricanes Harvey, Irma and Maria amounting to 20% of net asset value for its listed retrocession strategy, the CATCo Reinsurance Opportunities Fund Ltd.Markel CATCo had implemented a 6% loss reserve for the impacts of hurricane read the full article →