ABR Reinsurance Capital Holdings

Global re/insurer Chubb ceded more risk in premium terms to its third-party capitalised total-return reinsurance joint-venture ABR Re in 2024, while the reinsurance benefits from recoverables due from the entity continued to build and investment fee income rose further.

While total-return and third-party capitalised reinsurance joint-venture ABR Re remains firmly at the centre of Chubb’s reinsurance arrangements, the re/insurer ceded a little less risk premium to ABR Re in 2023, although the carrying-value of the JV increased over the year.

Global re/insurer Chubb has continued to bring its total-return and third-party capitalised reinsurance joint-venture ABR Re firmly to the centre of its reinsurance arrangements, with the amount of risk ceded to ABR Re increasing again in 2022.

ABR Reinsurance Capital Holdings Ltd., the parent to Chubb’s strategically important total-return and third-party capitalised reinsurance joint-venture ABR Re, has raised an additional $210 million of capital thanks to an equity investment from a new investment manager that will also manage a portion of the reinsurers assets.

Chubb, the global primary insurance carrier and reinsurance company, once again shows the growing importance of strategically important total-return and third-party capitalised reinsurance joint-venture ABR Re, as the amount of premiums it ceded to the vehicle rose, alongside the fee income it earned back and the valuation of its stake in the vehicle.

Regular readers will know we like to cover any news on Chubb’s total-return and third-party capitalised reinsurance joint-venture ABR Re, which we see as becoming increasingly strategically important to the insurer.

Chubb, the global primary insurance carrier and reinsurance company, has increased its ownership stake in its strategically important total-return and third-party capitalised reinsurance joint-venture ABR Re, as its importance as a reinsurance provider to the Chubb group continues to grow.

U.S. and global primary insurance carrier and reinsurance company Chubb, has pre-announced a massive just over $1.8 billion hit from global catastrophes and the Covid-19 pandemic for the second-quarter of the year, setting the stage for other large loss hits from major players.

Chubb, the U.S. and global primary insurance carrier and reinsurance company, is classifying the Covid-19 pandemic as a catastrophe loss event and expects it to have a meaningful impact on earnings in the second-quarter.

U.S. and global primary insurance carrier and reinsurance company Chubb has announced an expected fourth-quarter pre-tax and net of reinsurance hit of $430 million from catastrophe losses and an additional $23 million of losses from U.S. agricultural lines which were hit be weather-related poor growing conditions.