Hard Reinsurance Prices Likely to Last Longer Than in Previous Market Cycles: Report August 15, 2024 By L.S. Howard Hard reinsurance pricing conditions are likely to last longer than in previous market cycles mainly due to persistently high claims...
What Happened to Reinsurance ‘Class of 2023’? Hard Market Defies Age-Old Patterns. July 12, 2024 By L.S. Howard Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in...
Details of Aviation Lessor Settlements With Russia Over Trapped Planes June 21, 2024 Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400...
Multibillion-Euro Court Battle Over Stranded Russian Jets Begins in Dublin June 11, 2024 Some of the world’s largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday at the...
Global Reinsurance Sector Outlook Revised to Positive on Robust Profits, Tighter T&Cs June 10, 2024 The market segment outlook for the global reinsurance segment has been revised to positive from stable after the sector saw...
Irish Court Case on Russia Jet Insurance Claims to Begin on June 11 May 30, 2024 Ireland’s High Court is to begin hearing a dispute around insurance claims for aircraft stuck in Russia on June 11,...
Property-Catastrophe Reinsurance Rates Drop by 5% at June Renewals: Howden Re May 30, 2024 Property-catastrophe rates saw some moderating trends during the June 1 reinsurance renewals, with average risk-adjusted rates-on-line decreasing by 5% within...
Florida’s Slide Insurance Secures $210 Million Catastrophe Bond April 11, 2024 Tampa-based Slide Insurance announced it has finalized pricing for its $210 million Purple Re Ltd. (Series 2024-1) catastrophe bond. The...
Buyers’ Market Prevails During April Renewals as Reinsurers Seek Growth April 5, 2024 Brokers Aon and Gallagher Re described a buyers’ reinsurance market for the April 1, 2024 property and specialty renewals as...
UK Court Rules That $10 Billion Jet Dispute Should Be Heard in London, Not Moscow March 28, 2024 A $10 billion battle between reinsurers and aircraft leasing companies seeking payouts for more than 200 jets stuck in Russia...