The Lloyd’s legacy business has been placed up for sale, along with other units....
Florida reinsurance demand to rise as take-out success continues
Sources are expecting multi-billion new limit to be placed. Florida reinsurance buyers are expected to bring significant new demand at the 1 June renewal on the back...
Sources are expecting multi-billion new limit to be placed. Florida reinsurance buyers are expected to bring significant new demand at the 1 June renewal on the back...
Article / 1 month ago
Five drivers of ILS change in 2023
The “great realignment” of 1 January – as Howden’s renewals report dubbed it – has added spice for ILS funds, which are now deploying into a healthier pricing environment than has been in...
The “great realignment” of 1 January – as Howden’s renewals report dubbed it – has added spice for ILS funds, which are now deploying into a healthier pricing environment than has been in...
Article / 1 year ago
1.1 renewals: What we know and what is still to be determined
In a very late hard-market renewal for many reinsurance segments, there is still far more opacity over the outcome of 1 January renewals than is generally the case this close to Christmas....
In a very late hard-market renewal for many reinsurance segments, there is still far more opacity over the outcome of 1 January renewals than is generally the case this close to Christmas....
Article / 1 year ago
Market-changing: 2022 is the year the ILS sector didn’t need
This year was always going to be a “dig in and hold” kind of a year for the ILS sector following the global Covid pandemic and multiple messy loss-impacted years....
This year was always going to be a “dig in and hold” kind of a year for the ILS sector following the global Covid pandemic and multiple messy loss-impacted years....
Article / 1 year ago
A pre-renewal silence as deafening as the chorus of the tree frogs
Instead of talk about renewals running late, people were highlighting how the starting gun has barely been fired...
Instead of talk about renewals running late, people were highlighting how the starting gun has barely been fired...
Article / 2 years ago
Quieter Q3 creates breathing room for cat bond investors
Cat bond volumes reached $1.3bn in the third quarter, the second highest for a generally quiet time for the ILS market...
Cat bond volumes reached $1.3bn in the third quarter, the second highest for a generally quiet time for the ILS market...
Article / 3 years ago
ILW volumes dented only slightly by retro cat bond trend
The rise of index-based retro cat bonds have had a limited impact on volumes of ILW trading this year, according...
The rise of index-based retro cat bonds have had a limited impact on volumes of ILW trading this year, according...
Article / 3 years ago
UBS: European flooding to erode reinsurer Q3 budgets
Ongoing European flooding will be a “sizeable natural catastrophe” loss for the industry and will eat significantly into reinsurers’ Q3 cat budgets...
Ongoing European flooding will be a “sizeable natural catastrophe” loss for the industry and will eat significantly into reinsurers’ Q3 cat budgets...
Article / 3 years ago
Peak Capital exodus highlights thorny path of ILS start-ups
The departure of Peak Capital’s CEO Erik Manning, along with several other staff, leaves Peak Re at a turning point for its ILS business...
The departure of Peak Capital’s CEO Erik Manning, along with several other staff, leaves Peak Re at a turning point for its ILS business...
Article / 3 years ago
RMS: Winter storm losses to fall beneath top-end estimates
RMS has said it expects insured losses from the Texas Big Freeze will fall below top-end estimates of $18bn-$20bn that have been circulated for the disaster...
RMS has said it expects insured losses from the Texas Big Freeze will fall below top-end estimates of $18bn-$20bn that have been circulated for the disaster...
Article / 3 years ago