Global reinsurance company Swiss Re continued to expand its business at the recent April renewals, underw...
Munich Re: Reinsurance market pressure rising, but positive July renewals expected
Global reinsurance giant Munich Re has noted a slight increase in market pressure after the April round of renewals, but believes that the overall market...
Global reinsurance giant Munich Re has noted a slight increase in market pressure after the April round of renewals, but believes that the overall market...
Article / 11 days ago
Allstate to write in California when it can price for cat models & reinsurance costs
US insurer Allstate has said that it will resume underwriting policies in California once new regulation has been enacted that allows it to price...
US insurer Allstate has said that it will resume underwriting policies in California once new regulation has been enacted that allows it to price...
Article / 23 days ago
Cat bond & related ILS market sets hits record size at over $47bn, up 5% so far this year
According to Artemis’ Deal Directory data, which tracks issuances of catastrophe bonds and related insurance-linked securities, the outstanding market has...
According to Artemis’ Deal Directory data, which tracks issuances of catastrophe bonds and related insurance-linked securities, the outstanding market has...
Article / 24 days ago
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 / 1 month 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 / 1 month 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 / 2 months 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 / 2 months 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 / 2 months 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 / 2 months 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 / 2 months ago