Scor P&C earnings rose more than 94 percent to EUR344mn ($422.5mn) in Q4, as the carrier attributed its retro and ILS cover to helping it pass the "real-life stress test" of 2017.
United Insurance Holdings (UPC) lined up a new panel of quota share providers in January, as the firm said it had already renewed some of its loss-hit reinsurance layers ahead of the 1 June renewal.
PartnerRe took a $28mn operating loss for the fourth quarter as the impact of Q4 catastrophes was partially offset by a $23mn reduction in estimated losses from Hurricanes Harvey, Irma and Maria.
Zenkyoren's Nakama Re 2018-1 cat bond has more than doubled over the course of marketing to reach $700mn, after being marketed with an initial size of $250mn, Trading Risk understands.
Floridian carrier Heritage Insurance Holdings expects to reclaim $104.4mn from several tranches of its Citrus Re cat bond issuances following Hurricane Irma, Trading Risk has learned.
