October 2017/4

Investors in both reinsurers and in insurance-linked securities (ILS) are looking for rate rises at the 1 January renewals and failing to meet those expectations could dull their interest in the sector.

Make no mistake about it, at times like these, the modelling and ratings agencies are the de facto regulators of the marketplace.

Swiss reinsurers posted an overall underwriting loss in 2016 as their collective non-life combined ratio increased by 10 percentage points year-on-year to 106 percent, data from the Swiss Financial Market Supervisory Authority (Finma) shows

In a clear indication of the extent to which diversification into specialty lines has helped drive recent London company market growth, an analysis by the International Underwriting Association (IUA) has shown that so-called "other" premium rose 26 percent in 2016

Mapfre has indicated to its reinsurers that it expects the global umbrella catastrophe layer that sits at the top of its programme to run clean from Hurricane Maria, The Insurance Insider understands.

The stars finally seem to be aligning for the legacy market, which has spent years waiting patiently for the anticipated wave of liabilities to arrive.

While most industry participants agree that a significant portion of insurance-linked securities (ILS) capital supporting retro and collateralised reinsurance will reload at 1.1, the extent of the "re-up" and the return it will require continues to be debated.

Cat bond market prices had been written down by 5.3 percent by mid-October after hurricanes Harvey, Irma and Maria, as multiple insurance-linked securities (ILS) transactions were expected to respond to the disasters

The marine cargo market is bracing itself for a $60mn claim from Hurricane Harvey after South Korean auto manufacturer Hyundai Motor Company suffered damage to a consignment of cars in transit.

With the third quarter earnings season around the corner, the market is waiting to see how much of a toll the recent hurricanes had on results, and what it is likely to mean for full-year earnings

A look-up table of all the Q3 loss announcements so far by company

Look-up tables of all the Q3 loss announcements so far by event