All RVS2023 articles
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NewsPE “at home, evolving” within reinsurance capital raising - Ariel Re
There remains a home for private equity within Ariel Re’s capital raising efforts, said its head of international property reinsurance, Joel Willens.
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NewsMoody’s RMS developing point location data for simpler cat models
2024 is tipped to be the hottest year for 100 million years, with droughts and wildfires continuing to be a major threat, according to the cat modeller’s chief research officer.
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NewsCorporate demand “rocketing” – Argenta Private Capital
Brokers building their infrastructure, US regional insurers seeking global capital, and London Bridge 2 at Lloyd’s are sources of London market investment interest, according to Argenta Private Capital.
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NewsUS property rates are justified and need to stay up – Everest’s Beggs
Higher catastrophe losses are a new normal, and the market turn is an overdue pricing adjustment, argues Everest’s Jill Beggs.
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NewsCharting Lockton Re’s journey into full spectrum broker
Keith Harrison, Lockton Re’s international CEO, joined the reinsurance broker from rival JLT Re in 2019. Fast-forward a few years and Lockton Re has organically grown into a different animal.
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NewsAon’s Schultz on a record year for cat bonds, cyber ILS outlook, and ‘Bermuda-esque’ London Bridge 2
Bouncing back from a tough end to last year, 2023 will be a record year for the catastrophe bond market, according to Aon Securities CEO, Paul Schultz.
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NewsGreen shoots have now taken root – S&P Global Ratings
‘We believe that the sector is now well equipped to earn its cost of capital,’ says director of insurance ratings.
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News‘Flight to quality’ provides confident outlook for 2024 – Hannover Re
‘Adequate pricing is a prerequisite for us to offer the best possible reinsurance capacity,’ says the reinsurer’s chief executive.
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NewsNo clear price or definition for SRCC risks, warns MAPFRE RE
The Spanish reinsurer did not succeed in getting SRCC exclusions and restrictions it sought during July’s Latin American renewals, and wants to tighten terms for social unrest risks in 2024, MAPFRE RE’s CUO told GR at the Monte Carlo RVS.
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NewsChedid Capital acquires Trilogy London market MGA
The MGA arm of Chedid has announced the acquisition of UK-based Trilogy Managing General Agents.
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NewsUnderwriting discipline crucial – Munich Re
$100bn of annual insured losses in natural catastrophe is the new normal, says Munich Re board member.
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NewsMoving on up - GR’s annual RVS benchmarking survey
Hard market momentum continues as hurricane season gears up. Pricing is expected to rise, said the overwhelming majority of respondents to GR’s 2023 renewals survey.
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NewsICEYE: A new level of situational awareness
Global Reinsurance spoke to ICEYE’s Andy Read about the critical role of hazard data in supporting public-private partnerships and how the satellite-data company is working with governments to improve disaster response.
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NewsPreparation key ahead of specialty lines renewals – Guy Carpenter analysis
Stability returned to the market at mid-year renewals for specialty reinsurers buyers, but firming rate pressures continue, terms are tight, and capacity at lower attachment points is limited.
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NewsLondon could be a $10bn ILS market in five years
Michael Wade, former crown representative for insurance, who pioneered London market ILS legislation, shares his hopes and expectations for the growth of capital markets risk transfer in London.
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NewsLockton Re makes bid to separate first and third party cyber risks
The broker used a Monte Carlo briefing and cyber risk report to note a divergence of appetites between reinsurers comfortable with first party short tail risks and third party long tail risks.
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NewsReinsurance capital levels showing signs of recovery across 2023 – Aon
Reinsurance firms have “produced pretty good results over the last nine months,” says Aon’s head of business intelligence, as they now hope to see out the remainder of the hurricane season without a major reinsurance market loss event.
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NewsRussell Group promotes exposure analysis across aviation, marine, energy, casualty scenarios
The data and analytics firm emphasised that corporate insureds are prone to more complex threats and connected scenarios in its Monte Carlo briefing.
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NewsReinsurance sector undergoing ‘dynamic shift’ as it seeks opportunities in primary insurance – AM Best
Data provided by AM Best showed that re/insurer’s allocation of net premium written for primary insurance had jumped from 25% in 2018 to 38% in 2022.
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NewsNew US cyber insurance loss index launched by PERILS, CyberAcuView
PERILS, the Zurich-based nat cat exposure and loss data provider, has partnered with CyberAcuView to provide an insurance database of cyber market loss data.
