Global Reinsurers See Promising Green Shoots in 2019 with ‘Hardening’ Pricing: S&P June 5, 2019 Following disappointing reinsurance pricing increases in 2018 and early 2019, it seemed that no amount of catastrophe losses would be...
Reinsurer SCOR Acquires Fund Manager Specializing in Insurance Linked Securities May 23, 2019 French reinsurer SCOR said it had agreed to buy 100% of Coriolis Capital, an asset manager specialized ininsurance-linked securities, for...
Reinsurers Charge ‘Rational’ Rates in April Renewals, from Flat to 25%: Willis Re April 1, 2019 While there were no signs of generalized rate hardening during the April 1, 2019 renewal season, reinsurers have adopted a...
SCOR Investment Partners Promotes Rostan as Head of Insurance-Linked Securities March 28, 2019 SCOR Investment Partners announced the promotion of Sidney Rostan as head of Insurance-Linked Securities (ILS), effective April 1, 2019. Sidney...
ChainThat to Launch Blockchain-Driven Re/Insurance Risk Exchange in Bermuda March 6, 2019 A blockchain-driven risk and capital exchange for the insurance and reinsurance market is set to be launched in Bermuda later...
Insurance Linked Securities Market Grows to $93B in 2018: Willis Re February 1, 2019 Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior...
PIMCO and Allianz Partner to Launch Insurance Linked Securities Business January 28, 2019 PIMCO, the Newport Beach, Calif.-based fixed income investment manager, has hired Rick Pagnani from Mt. Logan Re as executive vice...
Multiple Smaller Natural Disasters in 2018 Created ‘Unusual’ Insured Loss Picture: Willis January 16, 2019 Insured loss estimates from major natural catastrophes in 2018 totaled roughly $71.5 billion, the highest since 2011’s annual market losses...
Jan. 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes: Guy Carpenter January 14, 2019 The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the...
Global Reinsurance Capital Is Resilient Despite Losses of $230B over 2 Years: Aon January 11, 2019 By L.S. Howard Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to US$595 billion from $605...