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Cyber dynamics hint at rate moderation later in 2022: Howden

A reduction in incidents linked to better resilience and the Ukraine war may temper cyber price increases, the broker said.

Rachel Dalton, 06 June 2022
Florida Citizens reinsurance programme remains 64% unplaced

The state-backed carrier hopes to fill out more of the gaps in the coming days.

Liz Bury, 03 June 2022
Demotech: All Floridians have first-event cat cover in place

The ratings agency says a quarter of the Floridians it rates have still not secured multi-event cover, although first-event towers have come together.

Eileen AJ Connelly, 03 June 2022
Heavy rain forecast for central-south Florida in first tropical storm watch of 2022

The weather system has arisen early in the season when some insurers are still yet to renew reinsurance.

Fiona Robertson, 03 June 2022
Colorado State boosts 2022 hurricane forecast to five major storms

The university’s predictions increase to 20 named storms, including 10 hurricanes, for the season that started on Wednesday.

Eileen AJ Connelly, 02 June 2022
Florida tort reform welcomed but Cat Fund extension falls short of hopes

Industry association FAIR said a full reinsurance backstop should be provided.

Fiona Robertson, 23 May 2022
Acrisure: 2022 Atlantic hurricane season below 2020, 2021 activity

The broker noted, however, that at this time last year the consensus was also for a slightly above average season which turned out to be the third most active season ever.

Jairo Ibarra, 01 June 2022
Gap widens between Florida reinsurance haves and have-nots

DE Shaw has been offering a form of “capacity wrap” to insurers in which its limit could be used to plug gaps throughout programmes, sources said.

Fiona Robertson, 01 June 2022
Updated: Howden zeroes in on $1.5bn+ deal to acquire TigerRisk

Sources indicated talks have been conducted using an adjusted Ebitda figure for TigerRisk of around $85mn-$90mn, which is far higher than previously thought.

Rachel Dalton, 01 June 2022
Aon’s London-based LatAm treaty leader Anderson moves to Lockton

Sources said that the executive will be joined by facultative broker and former treaty senior executive Carmen Anderson.

Jairo Ibarra, 01 June 2022

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