Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this w...
Gallagher Re Global Life and Health Newsletter — May 2024
In their latest newsletter, the Gallagher Re Life & Health team provide some insight into interest rate levels and reinsurance....
In their latest newsletter, the Gallagher Re Life & Health team provide some insight into interest rate levels and reinsurance....
Article / 6 hours ago
Floridians make early reinsurance progress with hopes of top-layer savings
Rates are still materially higher than pre-pandemic and lower layers are holding firmer....
Rates are still materially higher than pre-pandemic and lower layers are holding firmer....
Article / 6 hours ago
Aon: Reinsurers seizing opportunity to lean back into property cat
Reinsurers are recognising the opportunity in leaning back into property cat following the rate rises and adjustment to terms and conditions that followed...
Reinsurers are recognising the opportunity in leaning back into property cat following the rate rises and adjustment to terms and conditions that followed...
Video / 6 hours ago
Florida reinsurance supply outpaces demand as top layer rates trimmed
Rates are still materially higher than pre-pandemic and lower layers are holding firmer....
Rates are still materially higher than pre-pandemic and lower layers are holding firmer....
Article / 11 hours ago
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 / 1 day ago
Reinsurance Renewals: Finding Consensus
In the third episode of Gallagher Re's post-renewals podcast series for 2024, we uncover what happened and why at the 1st of April renewals....
In the third episode of Gallagher Re's post-renewals podcast series for 2024, we uncover what happened and why at the 1st of April renewals....
Podcast / 7 days ago
Allstate expands nationwide XoL by $1bn to top out at $7.90bn
Allstate has confirmed the placement of its nationwide excess cat program, which now exhausts at $7.90bn for 2024-25, up from $6.92bn on the expiring cover, less retentions of $500mn...
Allstate has confirmed the placement of its nationwide excess cat program, which now exhausts at $7.90bn for 2024-25, up from $6.92bn on the expiring cover, less retentions of $500mn...
Article / 7 days ago
Improved Florida cat reinsurance renewal conditions expected for June 1: MMC CEO
Early signs suggest that the Florida catastrophe reinsurance renewals at June 1st 2024 will see improved conditions for cedents, as capital has...
Early signs suggest that the Florida catastrophe reinsurance renewals at June 1st 2024 will see improved conditions for cedents, as capital has...
Article / 18 days ago
Reinsurers implement “escalation clause” to limit exposure to Middle East conflict
Reinsurance recoveries related to hostilities in the Middle East could be limited by a conflict “escalation clause” introduced in certain specialty treaties at 1 January,...
Reinsurance recoveries related to hostilities in the Middle East could be limited by a conflict “escalation clause” introduced in certain specialty treaties at 1 January,...
Article / 22 days ago
Reinsurance Market Dynamics: April 2024
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Report / 24 days ago
