Risk losses
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Investors are seeking to take higher-attaching risks with pure peak peril deals in stronger demand.
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The nature of the event means that more losses may take time to emerge.
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Lancashire Capital Management delivered an 80% uplift In the reinsurer’s share of profits from its retro-focused portfolio.
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The European reinsurance chief says interest rates and loss experience drive the carrier’s hardening stance.
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Collaboration with HERE would help the business develop predictive analysis and address problems with source data, according to Agile underwriting director Richard Foster.
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The president and CEO urges wordings precision to avoid cyber-related litigation.
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Retro structural change will provide a lot of the gains in 2021, with trapping negotiations complicating the mix.
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The executives also called for government-private sector partnerships to address future pandemics and other protection gaps such as cyber.
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Loss estimates outstrip early expectations.
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Possible Covid-19 losses may be slowing capital inflows to the ILS sector, CFO John Dacey has said.
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The CEO also casts doubt on the future of event cancellation cover.
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The insurer lifted the attachment on an aggregate portion of its group reinsurance treaty, which was otherwise unchanged after its restructure for 2019.