Heavy rain, flooding, storms and hail 鈥� also known as severe convective storms (SCS) 鈥� brought below-average claims for German...
property catastrophe reinsurance News
A new property-catastrophe reinsurance MGA, Bobcat Re, has been launched by a group of private investors, including former K2 CAT...
The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to...
Europe’s four largest reinsurers 鈥� Swiss Re, Munich Re, Hannover Re and SCOR 鈥� are maintaining their appetite for property-catastrophe...
Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to...
Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted...
Global reinsurers’ appetite rose for property catastrophe during the upcoming January renewals, which have seen risk-adjusted reinsurance rate reductions of...
Reinsurance buyers generally saw positive outcomes during the mid-year renewals, finding adequate capacity to meet cedents’ increasing demand for protection...
Inflation continues to have an effect on property exposures with sums insured for European windstorm increasing by 10.1% year-on-year at...
This year’s January reinsurance renewals were described by brokers as “stable,” “predictable,” “orderly,” “calmer,” “disciplined,” with “increased appetites” and a...