All Retrocession articles
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News
The state of the market – SCOR Global P&C’s Conoscente
North American casualty risks loom large, as do European secondary perils, despite a picture of price adequacy on US peak risks, warned the chief executive of SCOR’s property and casualty (P&C) reinsurance business.
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‘Transitioning reinsurance market’ at 1/7 – Guy Carpenter
The reinsurance broking arm of Marsh McLennan gives its view of renewals made at the midpoint of 2024.
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DWIC 2023: Caught out by the hard market
A DWIC roundtable on underwriting discussed the impact of hardening reinsurance rates and new technology
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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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Hannover Re, Stone Ridge in ground-breaking cyber risk transfer
The asset manager intends to “meaningfully grow” its cyber exposure after $100m quota share cession
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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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1 January confirms dislocated reinsurance and retro markets
Some US buyers failed to fill their programmes as Howden describes one of the ‘hardest reinsurance markets in living memory’
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AM Best retains stable outlook on global reinsurance sector
Chief among the negative drivers is heightened natural catastrophe activity that continues to test investors’ risk tolerance levels
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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: 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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Howden Re names Tan director, ASEAN Treaty/Retrocession
She will be based in Singapore and will report to Stephen Warwick, head of Treaty for Asia Pacific
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Ocean Re expands into Europe with Oceva Risk acquisition
Ocean Re is also looking to acquire or launch an insurance/reinsurance business in Europe and the UK
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Howden Re expands presence in Germany
Guy Carpenter’s Carsten Thienel will head up the new operations as part of a concerted push in the DACH region
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Mid-year renewals: Inflation takes its toll
Pricing was near “distress levels” at mid-year as reinsurers face their toughest market since 2008, says Gallagher Re
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Lockton Re hires Kathy McCann for property retro
She joins from Guy Carpenter where she was managing director and senior leader within the firm’s global retro business
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Miller grows Bermuda ILS team
Duda joins from Markel, where he led the retro management team and worked on the launch of Lodgepine Capital
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Peak Re places $150m Black Kite Re cat bond
It is the largest and first 144A catastrophe bond issued from Hong Kong
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Breslin to head up Lockton Re Capital Markets
Zach Breslin was most recently managing director, Aon Securities in New York
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Orderly renewal at 1 April - Gallagher Re
Capacity largely sufficient in most classes as inflation becomes a key topic
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Hamilton Launches Ada Capital Management
Ada Re will benefit from access to the breadth of Hamilton’s underwriting expertise, including its proprietary portfolio management and pricing system, Hamilton Analytics & Risk Platform (HARP).