January Renewals See Hardest Property Catastrophe Reinsurance Rates in Generation January 4, 2023 By L.S. Howard A convergence of global events has led to the hardest property-catastrophe reinsurance market in a generation and a “complex,” “grueling”...
Credit Suisse to Sell Most of Securitized Product Unit to Apollo, PIMCO October 28, 2022 By Steven Arons Credit Suisse Group AG has signed an exclusivity agreement with a group of investors led by Apollo Global Management Inc....
ILS Investors Could Help Fill Cyber Re/Insurance Protection Gap if Hurdles Are Overcome August 29, 2022 By L.S. Howard The cyber re/insurance protection gap provides an opportunity for insurance-linked securities (ILS) investors, which historically have filled the gaps where...
Reinsurance Capital To Drop $40 Billion at Year-End 2022: AM Best August 22, 2022 AM Best estimates that traditional reinsurance capital will drop by roughly $40 billion to $435 billion at year-end 2022, after...
Reinsurance M&A Slows Amid Macroeconomic Risks, Higher Natural Disaster Claims August 15, 2022 Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and...
Lloyd’s Launches 2nd Protected Cell Company to Provide Greater Flexibility for Investors August 8, 2022 Lloyd’s announced it has received regulatory approval to set up a second protected cell company (PCC), which aims to enhance...
Swiss Re Secures $1.15B Stop-Loss Protection to Support Reinsurance Growth April 19, 2022 Swiss Re has secured US$1.15 billion in stop-loss cover that protects the entire group for severe underwriting-related losses over a...
New Lloyd’s Insurer Inigo Issues Inaugural Catastrophe Bond April 8, 2022 Inigo Ltd., the new Lloyd’s insurer, has entered the catastrophe bond market for the first time, less than 18 months...
RenRe Launches Casualty, Specialty Venture for ILS Investors April 6, 2022 With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture...
MS Amlin Launches 2nd Asia-Focused Special Purpose Reinsurance Vehicle for ILS January 6, 2022 MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s global specialty re/insurer, announced its Singapore-based operation has launched its second local...