After a hearing held on Friday in the Supreme Court of Bermuda, an order has been filed that sanctions th...
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 / 16 hours 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 / 7 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 / 8 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 / 15 days 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 / 18 days 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 / 22 days 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 / 24 days 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 / 1 month ago
Everest continues to expand in property lines, sees cat pricing up over 45%
Bermuda-based Everest Group's Q4 2023 results show that the re/insurer continued to expand in property catastrophe risks in the hard market environment,
Bermuda-based Everest Group's Q4 2023 results show that the re/insurer continued to expand in property catastrophe risks in the hard market environment,
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 / 2 months ago