Issues

Cat bonds sponsored by the California Earthquake Authority and the Philippines government both achieved their target size while pricing in the upper range of coupon guidance.

Is light finally at the end of the tunnel for Swiss Re Corporate Solutions?

The reinsurance chief also says he’s preparing clients for significant rate rises as the carrier’s underwriting “walks the talk”.

The Corporation said it would lobby regulators and tax authorities to deliver an effective structure.

Any carrier troubled in recent months by large losses, be they property or casualty, will have noted Zurich CEO Mario Greco’s claim last week that his company has neutralised the threat.

One of the best indicators of risk is how much growth was written in problematic lines during the soft market years.

International CEO Vandendael predicts staff numbers in London and Dublin will rise by about a quarter in 2020.

The business was established as a JV by Willis and Pembroke in 2012 after change in Lloyd’s rules.

The Hyperion X analytics head said the process would be “painful and nerve-wracking” but would enable more trading opportunities.

Executives who have been upfront about the need to batten down the hatches ahead of the impending casualty storm must be feeling a little put upon.

Casualty rates and T&Cs should improve for 24-36 months, the executive said.

The latest Galileo cat bond has five tranches and will cover various natural catastrophe risks in the US, Canada, Puerto Rico and the US Virgin Islands, Europe and Australia.