March 2015/3

International cat reinsurers will again be forced to swallow double-digit rate cuts on Japanese excess-of-loss catastrophe business as the relentless pressure on pricing shows no signs of abating, The Insurance Insider can reveal.

The tail end of the soft market cycle always seems to be when the reinsurance rulebook is rewritten. Here are three of the freshest new paradigms, minted only in March, along with the vehement affirmation of one very old and sturdy adage

Mitsui Sumitomo and Aioi Nissay Dowa are considering dropping Scor from their reinsurance programmes at 1 April after Sompo Japan Nipponkoa bought into the global reinsurer, The Insurance Insider can reveal.