-
The ratings agency has warned that, if reinsurers and ILS fund managers fail to price differentiate among carriers, they will contribute to the commoditisation of catastrophic risk. -
The carrier completed 17 legacy acquisitions and reinsurance deals in 2018.
-
The insurer was hit by $5mn of cat losses in Q1 2019, adding 2.4 points to the combined ratio.
-
The Bermudian (re)insurer also almost doubled the amount ceded to its Harrington Re vehicle to $108.68mn at 31 March.
-
The legislation would restrict attorney fees in AOB cases.
-
The relationship between Florida insurers and their reinsurers is obviously going through a rough patch. It makes you wonder whether the role of brokers this year might be akin to that of marriage counsellors.
-
Market participants have welcomed Lloyd’s plans to attract ILS capital but emphasised that cost reductions will be key to making them work.
-
The February total compares with $361mn of catastrophe losses for the first quarter as a whole last year.
-
TransRe is paying investors a higher multiple relative to its first cat bond deal issued in 2018.
-
The insurer posted a net loss of $9.3mn for Q4 2018.
-
The insurer reiterated the details of its restructured group reinsurance programme.
-
The insurer’s Q4 cat losses take yearly total to EUR1.29bn.
