All reinsurance buying articles
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News2022 fourth-costliest year on record for cat losses – S&P
A new report on catastrophe risk appetite among global reinsurers has found last year to be the fourth-costliest on record for annual global insured catastrophe losses.
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NewsSiriusPoint appoints Kattan global head of ceded reinsurance
The Hamilton, Bermuda-based global specialty insurer and reinsurer appoints London market veteran Habib Kattan to manage its ceded reinsurance, worldwide.
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NewsSwiss Re’s three renewals takeaways
Capacity conundrums, late negotiations, rate increases and tighter wordings all came into play at 1 January
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NewsConsilium launches facultative reinsurance offering
Simon Richardson has been appointed managing partner of the division and joins from Besso Re
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News1/1 renewals put ‘stress’ on long-term relationships
There was an evident mismatch in demand and supply for property reinsurance as global capital fell by 17 percent - Aon
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NewsOver $24 billion premium renewed via Supercede platform
Co-founder predicts 2023 will be an important year for ’reinsurtech’ as customers report 85% operational savings
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NewsConsilium names Paul Richards Co-CEO
He will lead the business as Co-CEO alongside James Baird who was appointed CEO in November
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NewsArdonagh Specialty joins Brokerslink network
The move strengthens the network’s access to the London and Lloyd’s markets
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News1/1 ‘down to the wire’ with possible reputational consequences
Areas of most constraint were peak-zone US property cat and coverage for war and SRCC, finds Gallagher Re’s 1st View
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NewsSCOR renews its contingent capital facility
Provides up to €300m coverage in case of extreme events or a significant fall in the share price
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NewsProperty rates set to soar 50% at 1/1 - Beazley
Beazley is ready to ‘step up’ at a time of market dislocation, says Treaty head Patrick Hartigan
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NewsLloyd’s participants should “lean into” hard market - Tiernan
Market has “headroom” to grow its cat appetite and syndicates with ’capacity, capability and expertise’ should take advantage
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NewsSpecial Report: Road to 1/1
It was straight to business this year as reinsurers, brokers and cedants entered one of the most challenging renewal seasons in years
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NewsBaden Baden: Expect further retrenchments post Ian - Ariel Re
Trapped collateral and a global retro freeze will further exacerbate supply demand imbalances at 1/1
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NewsBaden Baden: German motor insurers face 2022 underwriting loss
Ongoing supply chain disruption and inflation are impacting German motor books
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NewsBaden Baden: Litigation could significantly inflate Ian loss - Verisk
Loss creep on Hurricane Ian claims are likely as inflation and social inflation drive up costs, thinks Yörn Tatge
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NewsBaden Baden: The cycle has reasserted itself - Flandro
The reinsurance industry is grappling with the ‘most difficult renewal since 2006’, says Howden Analytics’ boss
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NewsBaden Baden: Cedants demand extra €1 billion in limit - Hannover Re
Inflation, losses and demand for additional nat cat capacity in the German market alone will see rates rise substantially
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NewsBaden Baden: Demand for reinsurance has never been stronger
The industry must rise to the challenges of our age, said industry leaders at the Baden Baden Reinsurance Symposium
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NewsBaden Baden: Cedants must dramatically increase retentions
As reinsurance capacity retreats and inflation soars, insurers must be prepared to retain more risk - Swiss Re
