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Reinsurance

 

 

Reinsurance capital climbs to $790bn at Q1: Aon

Inflows of third-party capital continue as traditional capital remains broadly stable, broker says

Renewals Reinsurance

Fidelis Partnership inks inaugural cat bond for syndicate 3123

$75m Woody Re issuance provides three-year reinsurance protection against a range of perils in North America

North America Lloyds

Retro markets ‘push back’ on aviation rate pressure

Aviation retrocession markets are becoming cautions of rising losses amid a ‘changing view of risk’, Gallagher Re reports

Aviation Gallagher

Fidelis launches casualty reinsurance MGA

Adroit Underwriting will focus on US casualty reinsurance for small and medium-sized enterprise risks

Casualty Bermuda

Compre appoints Taylor as managing director of underwriting

Taylor will be responsible for leading the group’s retrospective reinsurance activities

People moves Reinsurance

Australian and New Zealand buyers increase vertical limits at July 1

Loss-free property treaty programmes renewed with rate reductions of 10% to 15%, Howden Re reported

Reinsurance Renewals

Property cat price softening accelerates at mid-year: Guy Carpenter

Broker’s global property catastrophe rate on line index fell to -16% at mid-year from -12% at January

International North America

Reinsurer earnings to peak in 2026 as loss cycle shifts

Natural catastrophe activity expected to bottom out this year while pricing will continue to fall, the rating agency says

North America Property

Hedge funds and multi-asset managers grab ILS market share

Banks and hedge funds reported to be hunting catastrophe modelling talent, but experts say specialists funds will remain dominant

Reinsurance Europe

Aon names Reid EMEA facultative reinsurance chief

Global broker hires Sompo executive Mike Reid to succeed Nick Fraccalvieri

People moves Aon

Guy Carpenter combines UK P&C and London Europe teams

The combined team will be led by Leon Janeke, who has been head of the broker’s London Europe team for the last three years

Guy Carpenter / Marsh London

Arbitration panel awards Covéa $488m in Scor retro dispute

Covéa sought the enforcement of a number of retrocession treaties entered into with Scor in June 2021

Scor Reinsurance
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