Stocks
-
The bushfires have drawn attention to extended hours clauses that allow insurers to group together claims as a single event. -
Hannover Re issued seven Seaside Re cat bond lites totalling $74.5mn yesterday, following $77mn of notes at the end of 2019.
-
Peak Re was able to increase sidecar cover for its global property reinsurance risk portfolio amid stalling ILS capacity this renewal.
-
The fund recorded a 2.61 percent return for 2019.
-
The vehicle sits alongside Munich Re's more broadly placed Eden Re sidecar.
-
The Australian carrier boosted its overall reinsurance cover but cut back aggregate protection.
-
The broker’s 1st View report highlighted diverging reinsurer tactics and segmented renewal outcomes.
-
Last year Axis raised $230mn of Alturas Re sidecar support across three deals.
-
The December deal takes annual volumes to $877mn, with the Eclipse Re platform transacting the most issuance this year.
-
The transaction brings 2019 cat bond lite issuance to $799.5mn, according to Trading Risk records.
-
Insurers ceded 52 percent of gross losses in 2018, an increase of 2.4 percent on the 2017 total.
-
This latest deal takes 2019 cat bond lite issuance to $749.5mn, below the $973.7mn total recorded last year.
