Hard market dampens ILS investor appetite - AM Best
Sentiment among some ILS managers is that the supply of capital will remain tepid for some time
Latest updates
PERILS pegs insurance losses from Turkey quake at $3.5 billion
A study by Koç University has put the economic losses in Turkey in the range of $70 billion to $87 billion
Lloyd’s reveals 2022 loss after paying out £21 billion in claims
With prices increasing by 8%, the Lloyd’s market has now seen 20 consecutive quarters of positive price improvement
Hardest renewal market in years as industry approaches 1 April
A shortage of capacity in property catastrophe markets has resulted in the hardest market since 9/11
Hurricane Ian drives 2022 nat cat claims to breach $100 billion
Losses paint a picture of growing property exposure and exceptional inflation, says sigma
PartnerRe reveals $1.1 billion net loss for 2022
Points to net unrealised losses of $1.8 billion on the asset side of its balance sheet as Bonneau cites improving underwriting conditions
Ryan Dodd: Parametric solution ‘wasn’t the intent, it was the result’
Founder and CEO of Intangic says cyber insurance policy can ‘ease some of the headache’ for risk managers
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Panic spreads despite emergency takeover of Credit Suisse
Djibouti signs five-year disaster risk financing deal with ARC
Gallagher Re names Wakefield CEO as Kent transitions to group role
US insurers have $1.16 billion in assets exposed to bank collapses
Cyber MGA Intangic launches with AXA XL-backed parametric policy
Saudi megaprojects: Opportunities and risks for global reinsurers
SVB collapse was near miss for D&O writers - AM Best
Lloyd’s names Bob James COO; doubles down on technology delivery
London-based specialty MGA Nirvana launches
DWIC 2023: Caught out by the hard market
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