In the past week, several signs of distress have been emerging in the (re)insurance industry, which had seemed to rebound so quickly from last year's catastrophes.
San Francisco-based CyberCube Analytics has launched a cyber risk modelling platform that it established with backing from computer security software maker Symantec.
Several low-lying aggregate tranches of Residential Re cat bonds are expected to pay out to USAA after the insurer's winter storm losses took its annual covered losses to $1.03bn, Trading Risk understands.
Pricing on Japanese catastrophe programmes has been flat in the latest renewals, despite attempts from reinsurers to leverage the 2017 cat losses to secure improved terms.
