Renewals: 40% risk-adjusted rate increases not enough for some markets
Reinsurance renewal negotiations continue, but we’re told some placement proposals delivered for market feedback are receiving short-shrift, with carriers’ pushing,.. Read More
personal Insurance
Florida property insurance Special Session set for December 12-16
Legislative leaders in Florida have announced the dates for a Special Session to address property insurance and reinsurance issues in,.. Read More
Reinsurance capital impaired, creating "generational" opportunity: Howden's Flandro & To
The apparent impairment of global dedicated reinsurance capital is set to create “generational” opportunities for underwriting companies, according to David,.. Read More
Property cat rates to increase 20% to 30% above inflation in 2023: Peel Hunt
Analysts at Peel Hunt are forecasting that property catastrophe reinsurance rates may increase 20% to 30% above inflation in 2023,,.. Read More
Parametric specialist Descartes hires Aon's Bollaert as Chief Revenue Officer
Descartes Underwriting, an insurance technology (insurtech) focused managing general agency (MGA) that specialises in parametric and data-driven risk transfer products,,.. Read More
FEMA 50% Rule Hits Hurricane Ian VictimsWhy Dont We Double Federal Flood Limits and Triple ICC Coverage? | Merlin Law Group
Why aren’t the federal flood insurance limits at least equal to the amount which the Federal government backs Fannie Mae,.. Read More
Arbol hires ILS-experienced lawyer Matthew Gabin
Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has hired experienced ILS lawyer,.. Read More
Credit Suisse ILS makes Baltesar Head of Underwriting & Pricing
Credit Suisse Insurance Linked Strategies Ltd., the ILS focused unit of the global asset manager, has promoted Benjamin Baltesar to,.. Read More
PartnerRe & Zurich in
Bermuda-based reinsurance firm PartnerRe and Zurich, the global insurance carrier, have backed a £1 billion longevity swap transaction for a,.. Read More
Peak Re ownership may change. Fosun looks to sell majority stake: Reuters
The ownership of Peak Re, the Hong Kong based global reinsurance company, could soon change, as it’s been reported by,.. Read More
Collateralized ILS fund side-pockets set in wide 3% to ~30% range for Ian
According to sources in the insurance-linked securities (ILS) investment community, side-pockets being established after hurricane Ian by ILS funds that,.. Read More
Hildene Capital enters life & annuity reinsurance with $1bn Ludlow Re
Hildene Capital Management, LLC, a $12 billion credit focused alternative investment manager, has announced its entry into the life and,.. Read More
