The plaintiffs' attorney had told Law.com that the efforts of reinsurers to remove jurisdiction and avoid liability raised the risk of an insurance market crisis, as companies refused to reserve ...

Despite Hurricanes Milton and Helene, the reinsurance market remains profitable, with combined ratios for major reinsurers in the first half of 2024 at 82.3% (IFRS 17) and 85.8% (GAAP). Higher ...