XL Catlin said it had upped the amount of retrocessional support it draws on from third-party capital providers to more than $3bn, after placing more than $500mn of new catastrophe limit for 2018.
Hannover Re's worldwide treaty reinsurance portfolio grew by 35 percent to EUR1.129bn ($1.4bn) in the 1 January renewals, led by growth in its proportional book after signing a new quota share with IAG.
Munich Re said that new large-volume treaties covering non-life reinsurance in the USA and Australia helped boost the volume of business it wrote in the January renewals by 19 percent to around EUR9.9bn ($12.3bn).
Blue Capital said that its 2018 returns for its New York-listed Global Reinsurance Fund would benefit from rate increases in the January renewals, as well as reinvesting trapped collateral that it expects to be freed up later this year.
