Re/insurers
-
The increase in limit reflects the carrier’s growing exposure.
-
The Bermudian said its third-party vehicles were “sufficiently capitalised”.
-
The review followed a methodology change.
-
Improving the speed and efficiency of settlements is required to help the market grow.
-
The executive joins the company as it looks to bolster its reinsurance capabilities.
-
Participating insurers would be required to provide all-perils property insurance for residential and commercial policyholders.
-
In total, insurers paid indemnity of $11bn and loss adjustment expenses of $1.5bn for claims closed in 2022.
-
GC Securities is the sole structuring agent and sole bookrunner on the deal.
-
Reinsurers are making some adjustments to secure target signings but appetite to grow is finely balanced.
-
The deal closed at the top end of the Farm Bureau’s revised target size, having grown from an initial $200mn offering.
-
Global cat-bond capacity has grown by about 4% annually over the last six years, according to a report by the Swiss Re Institute.
-
Anticipations of a tug-of-war around a ‘flat to slightly up’ pricing renewal have indeed come to fruition.
Most Recent
-
Volante looking for capital partners as OTPP scales back
04 October 2024 -
TIH’s Starwind confirms $270mn raise for Fractal Re sidecar
04 October 2024 -
Hamilton Re head of ILS Ali to leave firm
04 October 2024 -
Aon names Schultz global vice chair of reinsurance solutions
03 October 2024 -
Artex Risk Solutions acquires Risk International
03 October 2024