-
Reinsurance pricing is likely to remain under pressure through 2013 and into the 1 January 2014 renewals after third-party capital put pressure on rates at 1 July, Guy Carpenter said in a report on the latest renewals.
-
Retro pricing experienced notable reductions at the mid-year renewals as capital markets competition continued to exert pressure on the sector, according to Willis Re.
-
Leading ILS fund manager Nephila Capital has extended its barrier on new investment after it is understood to have raised more than $500mn since it initially closed two of its funds earlier this year.
-
Cat bond pricing is not "out of control" despite falling 25 percent year-on-year, Credit Suisse analyst Michael Zaremski said in a note released 21 June.
-
Bermudian (re)insurer Axis Capital plans to take a more "dynamic" approach to hedging its portfolio after previously being a largely net writer.
-
Reinsurance buyers continued to look for greater aggregate or sideways cover at the mid-year renewals - a trend that works to the strengths of capital market reinsurers as they continue to lift their market share.
-
PCS has left its file on Hurricane Sandy open after reconfirming its loss estimate at $18.75bn, going against its normal policy of closing off the survey process once it has produced two consecutive stable loss estimates for a disaster.
-
LGT's insurance-linked strategies team have disclosed that the fund manager acted as the sole investor in a new private cat bond transaction in April.
-
Swiss investment manager Twelve Capital is set to take over managing Falcon Private Bank's ILS funds, bringing its total assets under management (AuM) close to $2bn.
-
Swiss investment manager Twelve Capital has announced it will assume the investment management of Falcon Private Bank's ILS business, taking its total assets under management (AuM) close to $2bn
-
A surge in alternative market reinsurance capacity is likely to drive downward pressure on property catastrophe pricing throughout the rest of 2013 after reshaping the Florida market in the 1 June renewals, Guy Carpenter said in its report on the renewal period.
-
PCS has kept its loss estimate for Hurricane Sandy stable at $18.75bn but it has left its file on the disaster open, going against its normal policy of closing off the survey process once it has produced two consecutive stable loss estimates for a disaster.
