Retrocession
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Negotiations were dragged out by decisions being referred for sign-off at senior levels. -
CyberCube also forecast that fresh capital will start to flow into the cyber insurance market next year.
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Panel turnover could be on the rise, as retro change may have a knock-on impact
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The CFO said today’s favourable nine-month numbers were due to a sustained effort to improve P&C underwriting discipline.
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A rampaging cat bond market should lead more cedants to consider its long-term advantages.
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Outside the US, two Indian cyclones are expected to have caused more than $4.5bn of economic losses.
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The start-up's new hire was a founding member of the leadership team at Fosun-owned Peak Re.
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The executive will take up the Hong Kong-based post on 1 September.
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Simon Moore has joined Lockton Re as a senior broker in the company’s non-marine retro and property specialty team, based in London.
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Hannover Re and Fidelis provided significant capacity on the Munich Re-led programme.
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ARPC said the move improves the pool’s capital strength.
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The A$14bn pool will switch brokers on 1 April.
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