Retrocession
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Retro pricing rose at 1 January 2018. And it rose substantially on those levels 12 months later as the Great Reload gave way to the Great Lockup.
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The TigerRisk exec says appetite for casualty cover is on the rise with the market fragile.
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In a challenged market, new launches are given low odds of sourcing significant capacity.
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Neoguri and the stronger Bualoi look set to pass to the east of Japan.
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There is little expectation that reinsurers will be able to push European cat pricing at 1.1.
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It's no surprise to see how cautiously the (re)insurance industry is approaching the task of estimating losses from typhoons Faxai and Hagibis.
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Historic frequency and severity of losses will create sharp pressure for rate rises at 1 April.
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Typhoon Hagibis looks bad, although whether it is bad enough remains to be seen.
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The launch follows the carrier’s decision earlier this year to put CatCo into run-off.
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This comes as ex-RenRe CUO Eklund and Markel also look to tap investors for retro plays.
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The Insurance Insider gives you a run-down of everything you need to know from the reinsurance conference.
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The CEO said in three years the third-party capital platform could support risk from across the parent group.