-
The reinsurance market remains cyclical and the longer soft conditions continue the greater the chance of a reaction, Hannover Re CEO Ulrich Wallin said at the Insider London conference today (4 February)
-
Hannover Re has extended its K quota share sidecar by about $100mn for 2016, the reinsurer said in a January renewals update today (3 February)
-
The London-listed Blue Capital Global Reinsurance Fund posted a total return of 9.6 percent including dividends for 2015, up from 8.8 percent in 2014.
-
Validus CEO Ed Noonan said on an earnings call that the carrier bought its most comprehensive retro programme ever at the 1 January renewals.
-
UK state-backed flood reinsurer Flood Re topped up its retrocession cover to £2.1bn ($3bn) in the second round placement of the programme.
-
Mitsui Sumitomo Insurance completed its takeover of Leadenhall Capital Partners' majority-owner Amlin today (1 February).
-
This year will be pivotal for ILS after some insurers shifted their focus to collateralised reinsurance in 2015, Munich Re said in its latest ILS market update
-
AlphaCat wrote $168.5mn of gross premium in the January 2016 renewals, up 67 percent from a year earlier, as its US property book overtook that of Validus Re.
-
Chicago-based ILS fund Elementum Advisors has promoted Paul Barker and Chris Cebula, with both taking on the role of portfolio manager.
-
Standard & Poor's lowered its ratings on the 2014 and 2015 Vitality Re issuances from Aetna by two notches, citing regulatory changes that have suspended fees charged by health insurers for 2017.
-
The New Zealand Super Fund kept its reinsurance allocation steady at about $200mn in the financial year to 30 June 2015.
-
ILS returns hit 4.22 percent for 2015, according to the Eurekahedge ILS Advisers Index, making it the third-lowest annual return since 2006.