All reinsurance buying articles
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GR Special Edition: Monte Carlo RVS 2024
This year’s annual print edition of Global Reinsurance for the Monte Carlo reinsurance Rendez-Vous de Septembre is packed with executive interviews, news and analysis and features on the latest trends facing international (re)insurance markets. The magazine, which will be on the stands at Monte Carlo, is FREE to download here.
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‘Calmer waters’ for UK reinsurance buyers provide broker innovation opportunity
Some reinsurers are described by UK market insurers as ‘opportunistic’ in their bid for growth amid ‘gradual softening’ market conditions, writes Insurance Times editor Katie Scott with additional reportage by GR’s David Benyon.
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2022 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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SiriusPoint 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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Swiss 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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Consilium launches facultative reinsurance offering
Simon Richardson has been appointed managing partner of the division and joins from Besso Re
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1/1 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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Over $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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Consilium 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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Ardonagh Specialty joins Brokerslink network
The move strengthens the network’s access to the London and Lloyd’s markets
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1/1 ‘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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SCOR 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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Property 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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Lloyd’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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Special 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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Baden 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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Baden Baden: German motor insurers face 2022 underwriting loss
Ongoing supply chain disruption and inflation are impacting German motor books
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Baden 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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Baden 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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Baden 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