Reinsurers
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This was the highest single-year increase for the US index since 2006.
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Exclusions and coverage changes absolutely make sense as a goal, but some wordings have thrown up additional risks.
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The broker also predicted elevated demand for all forms of ILS capital throughout 2023.
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The transaction is the first proportional deal for cyber risk in the capital markets.
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As insurers grow more comfortable with retaining attritional cyber risk they are altering reinsurance placements.
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The underwriter has a background in marine and energy reinsurance and has more than 17 years’ experience.
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A harder reinsurance market will make its impacts felt throughout 2023.
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The carrier has renewed two of its quota shares with continental reinsurers with final negotiations underway.
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Reinsurers have successfully pushed hard on T&Cs but, as capacity begins to fall into place, there are still many unanswered questions for this renewal.
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The ratings agency said PartnerRe would act as a ‘natural diversifier’ to Covéa’s operations.
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FGF is a reinsurance and asset management holding company focused on collateralised and loss capped reinsurance and merchant banking.
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Felix Winzap will join the Swiss leadership team following the resignation of Peter Schmidt.
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