Executive will lead Bermuda-based carrier's global distribution strategy and commercial relationships across its re/insurance businesses

Reinsurance cover will no longer need reinstatement provision to count towards capital adequacy

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

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

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

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

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

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

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

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

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

Global broker hires Sompo executive Mike Reid to succeed Nick Fraccalvieri