According to the latest data release from the General Insurance Association of Japan, insurance claims pa...
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 / 6 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 / 1 month ago
Expanded named peril list at 1/1 unlikely to make material difference: AM Best
Rating agency AM Best has explained that the expansion of named peril lists on reinsurance and retrocession arrangements at the January 2024 renewals, is...
Rating agency AM Best has explained that the expansion of named peril lists on reinsurance and retrocession arrangements at the January 2024 renewals, is...
Article / 1 month 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
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 / 2 months 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
AIG had "tremendous outcome" at January reinsurance renewals: CEO Zaffino
Global insurance giant AIG secured a "tremendous outcome" at the January 2024 reinsurance renewals, according to CEO Peter Zaffino who explained that AIG
Global insurance giant AIG secured a "tremendous outcome" at the January 2024 reinsurance renewals, according to CEO Peter Zaffino who explained that AIG
Article / 2 months ago
SCOR grows portfolio 13.6% in favourable market at 1/1 reinsurance renewals
French reinsurer SCOR grew its estimated gross premium income 13.6% at the January 2024 renewals to more than €4.2 billion, with notable growth of 191.5%...
French reinsurer SCOR grew its estimated gross premium income 13.6% at the January 2024 renewals to more than €4.2 billion, with notable growth of 191.5%...
Article / 3 months ago
Reinsurers not budging on retentions & terms at Jan 2024 renewals: JMP
At the January 2024 renewals, reinsurance markets are not budging on the higher retentions and tighter terms and conditions they have fought had to
At the January 2024 renewals, reinsurance markets are not budging on the higher retentions and tighter terms and conditions they have fought had to
Article / 4 months ago