Lucy Jones

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Citizens expects 30% reinsurance cost rise in 2020

Citizens plans to source $1.4bn of reinsurance limit for its coastal account, up from $1.27bn last year, as more of its multi-year cover elapses.

Lucy Jones, 14 May 2020
Allstate Q1 cat losses drop a third to $210mn

The insurer added $121mn to its catastrophe treaty, covering it for up to $5bn of losses.

Lucy Jones, 06 May 2020
TigerRisk signs up Po-Ba for Lloyd’s role

The broker said the former Securis and Scor executive was joining at an opportune time for syndicates sourcing 2021 capital.

Lucy Jones, 04 May 2020
Aon reinsurer index’s 2019 CoR hits 100.3%

Attritional losses hit a 14-year high due to worsening casualty trends and man-made losses.

Lucy Jones, 21 April 2020
Swiss Re 2019 cat loss estimate rises to $60bn

The total is up from a December forecast of $56bn.

Lucy Jones, 08 April 2020
New collateral solutions

The ILS market is seeking to avoid further high levels of collateral lock-up should a string of events similar to those in 2017-2018 happen again, writes Lucy Jones.

Lucy Jones, 02 April 2020