Aon
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The broker said insurers were facing increasing pressure to improve financial performance in claims.
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This publication revealed in February the incident was expected to lead to a major claim.
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Reinsurer executives stressed that the industry worked hard on setting the right structure.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The platform aims to “bend the loss curve”.
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Cat bonds have outperformed private ILS strategies in the YTD, according to ILS Advisers.
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Bazan Group’s refinery near Haifa was badly damaged by Iranian bombardment in June.
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Scale is increasingly becoming a differentiator for reinsurance carriers, the broker noted.
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Paul Campbell details how the most profitable insurers act during a soft versus hard market.
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Supply for property outstrips demand, but the casualty market is “bifurcated”.
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The California wildfires showed reinsurers can absorb major cats and remain profitable.
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What’s next for the reinsurance market as Monte Carlo approaches?