S&P Revises Outlooks for Munich Re, Swiss Re While Affirming AA- Ratings August 18, 2023 S&P Global Ratings has revised its outlooks for Munich Re and Swiss Re, affirming both reinsurers’ “AA-” issuer credit and...
Catastrophe Bond Funds Ranked Among 2023’s Top-Performing Credit Funds August 10, 2023 By Nell Mackenzie Catastrophe bond funds rank among the 10 best performing credit funds this year, as the hurricanes, earthquakes and other disasters...
Europeans Lack Insurance Protection as Wildfires and Drought Batter the Region August 3, 2023 By Natasha White Europeans are among the least insured against certain types of extreme weather and other natural disasters in the developed world,...
Reinsurance Execs From Convex, Swiss Re Set Pacific Record in World’s Toughest Row July 24, 2023 By L.S. Howard Reinsurance executives from Convex Group Ltd. and Swiss Re completed The World’s Toughest Row, a race from California to Hawaii,...
Higher Reserving Uncertainties Could Sustain Hard Market Conditions: Report July 17, 2023 By L.S. Howard Systemic shocks related to the recent pandemic, the war in Ukraine, natural catastrophe losses and elevated inflation have raised questions...
Reinsurance Broker, Augment, Launches With Access to $100M in Funding July 17, 2023 Augment, a new Miami-headquartered reinsurance broker, announced its official launch with access of up to $100 million in funding from...
Will S&P Change ‘Negative’ Reinsurance Outlook to ‘Stable’ in 2023? July 14, 2023 By Susanne Sclafane While no one directly asked the question of this article’s headline at the S&P Global Ratings June annual insurance conference,...
AXA Weighs Offloading $2B Reinsurance Arm to Cut Exposure to Disasters: Sources July 12, 2023 By David French and Pablo Mayo Cerqueiro One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure...
Appetite for Cat Exposures Returns; Reinsurers Stay Disciplined in Mid-Year Renewals July 6, 2023 By L.S. Howard Capacity was more readily available during the mid-year renewals, which brokers described as “orderly,” in comparison to the turbulent January...
Why the Investor-Driven Hard Reinsurance Market Will Persist in 2024 June 29, 2023 By Susanne Sclafane Reinsurers will continue to command adequate rates for property-catastrophe in 2024, even if the market comes through hurricane season unscathed,...