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The two biggest reinsurers are said to be taking up a leadership role as the market starts to address the T&Cs challenge.
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Firms will not cover their cost of capital this year, though capital positions remain robust.
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Watford is reportedly evaluating a bid from Arch amid heightened pressure from shareholders to pursue strategic alternatives.
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Market identifies TigerRisk and Gallagher Re as key contenders for mid-market position.
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Major reinsurance carriers like Munich Re, Hannover Re and MS Amlin are significant providers to some of the state's regional carriers, analysis suggests.
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Collateralised capacity will retain an important role in the retro niche.
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When we set out our initial plans for (Re)Connect, it was something of a daunting task.
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Hurricanes Isaias and Laura produced the bulk of losses for the insurer, which is drawing down on an aggregate cover.
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The carrier's Ada Re vehicle will join its Turing Re sidecar, but its capacity is not known.
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The Peter Scales-led vehicle is reunited with the private equity house.
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The two CEOs say the combined entity will focus on emerging risks, new forms of capital access and “under-served” pockets of the market.
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Lockton Re and McGill and Partners argue clients will look for more choice after the Aon-Willis merger.