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March 2013/1

  • In contrast to other recent renewals, the rise of the alternative reinsurance markets is expected to have only a limited impact at 1 April due to Japanese cedants' circumspect approach to non-traditional underwriters
  • Japanese catastrophe excess-of-loss rates look set for a modest squeeze at the key 1 April renewals, but additional demand from the kyosai and the impact of the original rate rises on the vast quake pro-ratas will give reinsurers something to cheer
  • Why distribution is getting hotter (again)...
  • Private equity-backed US broking house AssuredPartners is planning to complete 20 to 25 transactions in 2013 as it seeks to build a position as a top-10 middle market broker in the US
  • As the London-headquartered independent brokers begin to file results for financial years ending in 2012, the overarching theme is robust top-line growth and high levels of reinvestment in new business platforms and teams
  • Significant uncertainty surrounds the scheduled 1 June reinsurance renewal for the Texas Windstorm Insurance Association (TWIA), as the state's legislature considers reforms to either shore up the creaking wind pool or disband it altogether
  • Willis is marketing a new hybrid retrocession product that aims to address buyer fears about the basis risk of index covers, The Insurance Insider can reveal...
  • Bermudian carrier Axis has jettisoned founding CEO John Charman's objection to a Lloyd's platform and started actively pursuing a syndicate of its own, The Insurance Insider can reveal
  • The industry's largest catastrophe treaty, which is purchased by Japanese agricultural mutual Zenkyoren, is currently slated to get $1.3bn bigger at its 1 April renewal, The Insurance Insider can reveal