Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts September 28, 2020 By L.S. Howard Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies,...
Formation of More ‘Class of 2020’ Reinsurers Unlikely September 25, 2020 By Susanne Sclafane The Class of 2020 already has a new member, but it’s not a true startup, the chair of the company...
What Ever Happened to Hedge Fund Reinsurers? September 25, 2020 By Susanne Sclafane The latest group of reinsurers to emerge in the Bermuda market is starting to look different. Even the name that...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change September 23, 2020 By L.S. Howard Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed,...
What to Expect in 2021: Reinsurance Market Moving From ‘Timid’ to ‘Hard’ September 18, 2020 By Susanne Sclafane Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of...
Some Reinsurers Will Try Pandemic Exclusions for Casualty at Jan. 1 Renewals September 18, 2020 By Susanne Sclafane Whether they are convinced that they absolutely need them or not, some reinsurers aim to try to put pandemic exclusions...
What Is the No. 1 Emerging Litigation Risk? ‘Forever Chemicals,’ Says Praedicat September 17, 2020 By L.S. Howard The top emerging litigation risk identified for the year ahead is PFAS, the so-called “forever chemicals” used in a wide...
Casualty Reinsurance Demand Rises in N. America Despite Hardening Primary Rates September 16, 2020 By L.S. Howard Although there is a significant market correction taking place in the North American liability insurance market, demand for casualty reinsurance...
COVID-19 Crisis Reveals Contract Clarity Lessons, Digital Opportunities: Flandro September 15, 2020 By L.S. Howard In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which...
Reinsurance Sector ‘Stable’ Despite Major Headwinds: AM Best September 14, 2020 By Adrian Leonard The tailwinds propelling the global reinsurance sector are sufficient impetus for the ratings agency AM Best to retain its stable...