February 2014/1

Scor said savings on the renewal of its retro programme at 1 January 2014 almost compensated for a worse projected underwriting result due to the softer reinsurance markets.

Hannover Re added roughly EUR20mn of limit to its retrocession programme for 2014 and managed to cut costs by 10 percent, with the savings representing a low double-digit million euro figure.

Blue Capital expands; PartnerRe shrinks cat; Aspen back in cat; Mt Logan derives profit; DaVinci Re profit up

The alternative market might provide around $500mn of limit for non-catastrophe risk in 2014 as ILS fund managers seek to expand their horizons, Credit Suisse Asset Management’s head of ILS Niklaus Hilti estimates.

One of the perks of working for Insider Publishing is that the events we put on make for some great copy.

The two leading reinsurer-backed ILS asset managers pulled back their underwriting activities in the January 2014 renewals

Credit Suisse’s head of ILS, Niklaus Hilti, has said the idea that there will be significantly more reinsurance demand from the Florida market this year is “wishful thinking”.

A US judge has ruled that retrocession premiums should not be subject to US excise tax as Validus Re won its dispute with the Internal Revenue Service (IRS) over a $435,380 tax bill

Catlin has established its first non-Lloyd's sidecar for 2014 in what the company's CEO said was a new initiative going into "unchartered territory"

The top 10 ILS fund managers expanded their assets under management (AuM) by $4.5bn over the past six months, and $8bn over the course of 2013, according to our exclusive Trading Risk survey.