Trading Risk January 2020

Social inflation is not just a Florida issue – it's also top of mind in the casualty market.

People moves in the ILS marketplace

Rates jumped in aerospace after recent costly losses.

Bermuda carrier tactics highlight increased reliance.

The (re)insurance and ILS industry has headed into a new decade in a spirit of change – as can be seen across multiple lines of business.

Quota share and aggregate-property cat contracts are under watch as a result of the recent Australian bushfires but occurrence covers will probably remain mostly unscathed, sources expect.

New issuances fell to the lowest level since 2011, amid an uptick in risk levels and US exposures, according to Trading Risk data.

Reinsurers pegged 2019 nat cat losses 23 percent lower than the 10-year average, but prior-year disasters created headlines.

Cat bond fund returns rebounded in 2019, with widely divergent experience among ILS funds investing in private instruments.

The reinsurance fund manager is targeting expansion outside the catastrophe space with private funds.

Intermediaries called the renewal “asymmetric” and “divergent” as rates began to move up after a pressured few years.