-
Gregory Murphy believes cedants have too little information about reinsurers’ exposure to the retro market.
-
The reinsurance fund has ramped up in recent years to $700mn-$800mn.
-
A drought of retro cover may bolster Florida rate demands, sources suggest. -
The fund’s ordinary shares added 0.85 percent during the month.
-
The reinsurer’s non-life combined ratio deteriorated to 97.7 percent despite an improvement in P&C results.
-
The sidecar was established in 2017 to provide support for Hamilton Re’s reinsurance portfolio.
-
The new cat bond lite transactions include an unusual collateralisation feature for second-event covers.
-
New aggregate demand from Japanese cedants may also present opportunities for ILS markets.
-
-
The US Department of Justice, the Securities and Exchange Commission and Bermuda Monetary Authority are conducting inquiries into the firm’s ILS subsidiary Markel Catco.
-
The insurer declined to comment on how much limit of the EUR1.75bn cover was placed.
-
The insurer took a $179mn hit to its Q4 results from loss of goodwill.
