One of the key takeaways from Q1 reporting to date has been efforts by (re)insurers to reassure investors...
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 / 14 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 / 28 days ago
Fresh Hannover Re and Canopius aviation ri capacity limits reinsurers' push for larger 1.4 rate rises
Additional aviation reinsurance capacity from Hannover Re and Canopius limited the broader market's ambition to negotiate...
Additional aviation reinsurance capacity from Hannover Re and Canopius limited the broader market's ambition to negotiate...
Article / 1 month ago
Insurer in Full: Reinsurance market finds stability after four years of hardening
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Article / 1 month ago
Saudi Re inked ~$36mn reinsurance deal with Probitas at 1.1
Saudi Re penned reinsurance contracts totalling SAR135.03mn with Probitas Corporate Capital Ltd at the 1 January renewals....
Saudi Re penned reinsurance contracts totalling SAR135.03mn with Probitas Corporate Capital Ltd at the 1 January renewals....
Article / 2 months ago
Will Munich Re's aggressive 1.1 stance impact growth?
All eyes will be on Munich Re tomorrow as the industry's largest reinsurer publishes its 1 January renewals outcomes alongside quarterly and full-year earnings....
All eyes will be on Munich Re tomorrow as the industry's largest reinsurer publishes its 1 January renewals outcomes alongside quarterly and full-year earnings....
Article / 3 months ago
Cedants' appetite for QS cessions wanes as reinsurers' hunger grows
Cyber reinsurance buyers grew more confident in reducing quota share cessions at 1.1, according to brokers, while a flurry of ILS deals has raised hopes about capital...
Cyber reinsurance buyers grew more confident in reducing quota share cessions at 1.1, according to brokers, while a flurry of ILS deals has raised hopes about capital...
Article / 3 months ago
Scor and Hannover Re set to disclose top-line growth in 1.1 trading updates
European reinsurers entered 2024 in a position of strength. This week will see the first indicators of how they capitalised on this at 1.1, with Scor and Hannover Re set to...
European reinsurers entered 2024 in a position of strength. This week will see the first indicators of how they capitalised on this at 1.1, with Scor and Hannover Re set to...
Article / 3 months ago
The era of record SCS loss: the broker perspective
Alexandra Glickman, Martha Bane and Robby Kunz from Gallagher Global Brokerage underline the risk mitigation strategies that insureds and insurers...
Alexandra Glickman, Martha Bane and Robby Kunz from Gallagher Global Brokerage underline the risk mitigation strategies that insureds and insurers...
Article / 4 months ago
Brokers: Cyber rate decreases may level off with risk expected to increase in '24
Brokers assessing the outlook for the cyber insurance market in 2024 have suggested that the rate decreases that have been seen in some areas may...
Brokers assessing the outlook for the cyber insurance market in 2024 have suggested that the rate decreases that have been seen in some areas may...
Article / 4 months ago
