Catastrophe loss data aggregator PERILS AG has released its Industry Exposure Database (IED) for 2024, wh...
Florida Citizens: Capital markets "especially" positive for $5.5bn reinsurance renewal
Florida’s property insurer of last resort, Citizens Property Insurance Corporation, has said that its sees market conditions as especially positive in the...
Florida’s property insurer of last resort, Citizens Property Insurance Corporation, has said that its sees market conditions as especially positive in the...
Article / 11 days ago
Catastrophe bond market “no longer hard” – Lane Financial
The catastrophe bond hard market is over and prices have been softening since late 2023, leaving the market back close to the mean, but perhaps just beginning to dip into what Lane Financial...
The catastrophe bond hard market is over and prices have been softening since late 2023, leaving the market back close to the mean, but perhaps just beginning to dip into what Lane Financial...
Article / 14 days ago
144A catastrophe bond issuance surpasses $4bn, setting new Q1 record
The first-quarter of 2024 has seen records fall in the catastrophe bond market and the period is the first time that the starting months of the year have...
The first-quarter of 2024 has seen records fall in the catastrophe bond market and the period is the first time that the starting months of the year have...
Article / 22 days ago
US property insurance market woes more widespread than just California: ALIRT
When it comes to challenges in the property insurance marketplace, in relation to climate, weather, catastrophe losses and insurer's ability to underwrite...
When it comes to challenges in the property insurance marketplace, in relation to climate, weather, catastrophe losses and insurer's ability to underwrite...
Article / 29 days ago
$75bn+ loss needed to temper reinsurance optimism: Marsh McLennan Agency
With the reinsurance market increasingly optimistic and more capacity emerging, Marsh McLennan Agency has said that it would take a single loss event...
With the reinsurance market increasingly optimistic and more capacity emerging, Marsh McLennan Agency has said that it would take a single loss event...
Article / 29 days ago
CEA's reinsurance tower reached $9.1bn pre-1/1, risk transfer costs up 15%
The California Earthquake Authority (CEA) entered the January reinsurance renewals with almost one billion dollars more in risk transfer than a year...
The California Earthquake Authority (CEA) entered the January reinsurance renewals with almost one billion dollars more in risk transfer than a year...
Article / 1 month ago
Property the best priced business in the world. Conditions to endure: Chubb CEO Greenberg
Property underwriting is “the best-priced business in the world right now” and, as long as Chubb is getting paid adequately, its CEO Evan Greenberg...
Property underwriting is “the best-priced business in the world right now” and, as long as Chubb is getting paid adequately, its CEO Evan Greenberg...
Article / 1 month ago
Reinsurance returning to normalcy, but property risk pricing to rise: Lockton
Broking group Lockton anticipates that primary property insurance prices in the United States will continue to rise, even as the reinsurance market levels...
Broking group Lockton anticipates that primary property insurance prices in the United States will continue to rise, even as the reinsurance market levels...
Article / 1 month ago
Property cat pricing power could fall 5% to 10% at mid-year: AIFA conference
According to a report from analysts at BMO Capital Markets, a prominent reinsurance broking executive from Howden Tiger said that property catastrophe...
According to a report from analysts at BMO Capital Markets, a prominent reinsurance broking executive from Howden Tiger said that property catastrophe...
Article / 2 months ago
Munich Re expects positive 2024 renewals, warns on price adequacy for extreme weather
Munich Re said this morning that while market pressure has increased slightly in reinsurance, the company anticipates positive conditions continuing...
Munich Re said this morning that while market pressure has increased slightly in reinsurance, the company anticipates positive conditions continuing...
Article / 2 months ago