Reinsurance
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October 5, 2022
Hurricane Ian could be a capital event for reinsurers
Hurricane Ian could be a capital event for reinsurers, according to industry experts attending the American Property Casualty Insurance Association…
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October 5, 2022
Ariel Re gains approval for expanded Lloyd’s managing agency
Bermuda-based Ariel Re has obtained approvals to launch a managing agency at Lloyd’s. The new Ariel Re Managing Agency (ARMA),…
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October 3, 2022
Inflation set to cause delayed price rises as insurers battle reserve adequacy: Marsh
Marsh McLennan has warned there is significant risk that the inflation crisis will leave parts of the insurance industry inadequately…
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September 30, 2022
Rising interest rates wipe 72% off world’s ten largest reinsurers’ net income in H1
Global P&C reinsurers recorded improved underwriting results in the first half of this year but the impact of rising interest…
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September 30, 2022
Best sees potential for profitable growth for sub-Saharan reinsurers
Sub-Saharan Africa’s reinsurance market has expanded during the past decade as a result of steady real GDP growth and international…
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September 29, 2022
Hurricane Ian losses will add fuel to reinsurance rate rises
Significant insured losses from Hurricane Ian will drive rates up ahead of key reinsurance renewals next month, according to analyst…
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September 21, 2022
Reinsurers cautious over cyber liability exposures
The cyber liability reinsurance market is stable but unlikely to grow significantly until more sophisticated underwriting tools are developed to…
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September 13, 2022
Asta-managed Catalina syndicate gets ‘in principle’ Lloyd’s approval
A new syndicate, Catalina 3232, has been granted ‘in principle’ approval by Lloyd’s to underwrite reinsurance to close transactions. The…
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September 13, 2022
Tough reinsurance renewals ahead do not bode well for primary renewals
For the last six months, the accepted view has been that the hard market is slowly and surely on the…
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September 13, 2022
Big reinsurers banking on large rate hikes at 1 Jan
The world’s largest reinsurers will push for substantial rate increases at 1 January renewals, with Scor predicting the market is…
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September 12, 2022
Market expects further reinsurance hardening at year-end
Leading market players gathering this week for the Rendez-Vous de Septembre in Monte Carlo expect the reinsurance market to harden…
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September 12, 2022
Swiss Re wants to grow and diversify nat cat book
Swiss Re wants to grow and diversify its natural catastrophe portfolio, at a time when property reinsurance buyers are suffering…
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September 8, 2022
Inflation and reinsurance costs put squeeze on European insurers
Non-life insurer profits in Europe will come under increasing pressure from inflation and higher reinsurance costs, warn insurance analysts at…
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September 8, 2022
Reinsurance market at tipping point as mid-year rate rises highest since 2006: Howden
While there is much talk of primary insurance markets seeing a moderation in pricing, the reinsurance market is facing severe…
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September 7, 2022
Insurers predict further reinsurance rate increases in 2023
Most P&C insurers expect rates for their reinsurance cover to increase further in 2023, with the largest rises forecast for…
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September 6, 2022
Reinsurance price increases set to hold next year but market split over property cat exposure
The world’s top 21 reinsurers are divided in their approach to property catastrophe underwriting, according to Standard & Poor’s (S&P),…
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September 6, 2022
Reinsurance capital declines but financial strength remains, says Gallagher
Total capital dedicated to the global reinsurance industry declined 11% at half-year 2022 (HY 2022), according to a report from…
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September 1, 2022
Bermuda reinsurers turning to primary lines to bolster business
Some Bermuda-based reinsurers have made moves towards primary business as a way to address “lacklustre” underwriting results during the past…
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August 31, 2022
Europe’s ‘big four’ reinsurers improve results despite nat cat losses, says Best
Europe’s ‘big four’ reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – benefited from material premium rate increases…
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August 31, 2022
Reinsurers turn from property nat cat to casualty and specialty: Best
The reinsurance sector continues to see positive and negative drivers affecting the market cycle which have tended to counter each…