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Submission: On November 10 via manual from IN — Scanned from DE
Effective URL: http://ereinsure.com/
Submission: On November 10 via manual from IN — Scanned from DE
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Login Get an Account TECHNOLOGIES FOR REINSURANCE * Home * About Us * Solutions * Support * Contact * Learn about eReinsure solutions Reinsurers network with partners any where in the world while supporting the necessary business and regulatory controls. * Request a demonstration See eReinsure solutions in action and understand what they can do for your business. * Contact eReinsure Get answers to your questions. LATEST (RE)INSURANCE NEWS Provided by The Insurer * LEMONADE’S SHARE PRICE DROPS 12% ON LOSS RATIO SPIKE AND METROMILE DEAL Investors have sent Lemonade’s share price down over 12 percent in trading Tuesday following third quarter results that included a spike in loss ratio and the announcement of the acquisition of Metromile, while Lemonade’s management has commented on an earnings call that reinsurance is not a necessity. * THE CYBER REINSURANCE CAPACITY PROBLEM COMING INTO FOCUS AT 1.1 The 1.1 renewal season will be a critical indicator of reinsurers’ view of the state of the cyber market, while in the long term a scarcity of reinsurance capacity could stop cyber insurance fulfilling its potential, analysis by The Insurer finds. * AON: LOSSES AND INFLATION PUSH NATIONAL HO CARRIERS PROSPECTIVE 2021 ROE DOWN 90BPS US national diversified homeowners insurers’ return on equity (ROE) is set to drop 90 basis points year on year to 5.7 percent in 2021 as elevated losses and broad inflationary issues take their toll, while insurers must “continue taking rate” to stay ahead of economic pressures and meet their profit ... * IVANS: COMMERCIAL PROPERTY LEADS MIXED RATE INCREASES IN OCTOBER The six US commercial lines tracked by Ivans had mixed experience in October, with three reporting higher price increases than in September, led by commercial property, while renewal rates decreased for the other three. * MAIDEN’S GENESIS UNIT CLOSED FIRST LPT IN Q3 Maiden Holdings, which is running off its (re)insurance liabilities, has reported a slightly larger operating loss for the third quarter and revealed that its Genesis Legacy Solutions unit has completed its first transaction. Copyright ® 2021 eReinsure.com, Inc. All Rights Reserved Policies