US property capacity remains scarce as rates surge in 4.1 renewals
The US commercial property market has gotten “progressively” firmer in the run-up to the April 1 renewal, as insurers continue to hold back on capacity while...
The US commercial property market has gotten “progressively” firmer in the run-up to the April 1 renewal, as insurers continue to hold back on capacity while...
Article / 2 days ago
Fractured, unpredictable energy pricing evident in last-minute 1.4 renewals
Energy markets in London are experiencing a “fractured” and “down to the wire” 1 April renewal as underwriters attempt to push pricing after high loss experience...
Energy markets in London are experiencing a “fractured” and “down to the wire” 1 April renewal as underwriters attempt to push pricing after high loss experience...
Article / 2 days ago
Insider in Full: London D&F market ‘best it’s ever been’ for underwriters ahead of 1.4 renewals
The London property direct and facultative (D&F) market is booming amid double-digit rate rises and a solid inflow of new business ahead of the key 1 April renewals, creating conditions which one source described as “the best ever seen” for underwriters...
The London property direct and facultative (D&F) market is booming amid double-digit rate rises and a solid inflow of new business ahead of the key 1 April renewals, creating conditions which one source described as “the best ever seen” for underwriters...
Article / 2 days ago
1.4 aviation XoL renewals: Pricing soars as retentions increase and agg limits reduce
Aviation reinsurance buyers are facing rate rises north of 150 percent on the middle and top layers of excess of loss programs at the 1 April renewals alongside...
Aviation reinsurance buyers are facing rate rises north of 150 percent on the middle and top layers of excess of loss programs at the 1 April renewals alongside...
Article / 4 days ago
Rate rises on Japanese wind treaties set to land around 20%
Reinsurers' hopes for up to 35% rate increases on Japanese wind treaties look unlikely to materialise, as brokers and cedants successfully argue against price increases of the scale of those...
Reinsurers' hopes for up to 35% rate increases on Japanese wind treaties look unlikely to materialise, as brokers and cedants successfully argue against price increases of the scale of those...
Article / 5 days ago
Lloyd's Neal: “Genuine threat” of mid-year capacity crunch - Insurer TV
There is a “genuine threat” that the capacity shortage witnessed at 1.1 will feed through to the June and July renewals, Lloyd's CEO John Neal has warned, but the strong...
There is a “genuine threat” that the capacity shortage witnessed at 1.1 will feed through to the June and July renewals, Lloyd's CEO John Neal has warned, but the strong...
Video / 5 days ago
1.4 renewals: Japanese mutuals' FOTs see minimum 2% RoL enforced on quake
Firm order terms on a number of Japanese mutuals' excess of loss treaties – including the industry's largest cat placement Zenkyoren – point to...
Firm order terms on a number of Japanese mutuals' excess of loss treaties – including the industry's largest cat placement Zenkyoren – point to...
Article / 10 days ago
GC's Mowery: “Difficult” lessons from 1.1 will lead to more orderly 1.4 - Insurer TV
The upcoming 1 April renewals are expected to be more orderly as reinsurers draw from the most recent 1.1 experience to form a set of clearer structures and specific...
The upcoming 1 April renewals are expected to be more orderly as reinsurers draw from the most recent 1.1 experience to form a set of clearer structures and specific...
Video / 11 days ago
Security First to deploy captive and cat bond to manage tight traditional renewal
Security First is seeing a dramatic reduction in litigated claims as Florida homeowners market reforms take effect but is also taking prudent steps...
Security First is seeing a dramatic reduction in litigated claims as Florida homeowners market reforms take effect but is also taking prudent steps...
Article / 18 days ago
Japanese insurers face 25%+ increase in reinsurance costs at key 1 April renewal
Japanese cedants renewing cat reinsurance treaties at 1 April are unlikely to escape the market hardening seen in Europe and the US at 1 January, as reinsurers display a laser-focus on price adequacy, this publication understands.
Japanese cedants renewing cat reinsurance treaties at 1 April are unlikely to escape the market hardening seen in Europe and the US at 1 January, as reinsurers display a laser-focus on price adequacy, this publication understands.
Article / 19 days ago