Commercial E&S
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Cal Fire says the blaze in central California has been 35% contained. -
The ratings agency predicts a potential retreat of certain E&S carriers.
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The Australian insurer had a relatively low reinsurance trigger on its UK BI loss exposure.
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The reinsurance plan will reduce its North American peak peril retention.
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"Access" is one of those magic words or mantras that get horribly over-used in the (re)insurance markets.
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The Bermudian ILS manager has been active in the primary segment since 2017.
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Wildfire recoveries benefitted DaVinci investors and RenRe's retro partners in Q3.
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The MGA has grown its premium base by 60 percent this year to a projected $440mn of GWP.
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Bold Penguin has raised $32mn from a series B funding round.
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The major continental reinsurers are looking to continue strengthening their US positions in reaction to the 2019 price increases.
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The reinsurer announced it is looking at setting up a separate balance sheet to write risk on behalf of third-party investors.
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The tone of discussions when the hurricane had a projected Florida landfall highlights the precarious nature of the reinsurance market’s current stability.
