Signs social inflation is starting to impact other jurisdictions such as UK, Australia and Canada, reinsurance giant warns

Broker hires former Peak Re and Acacia Holdings executive Cheng as part of strategy to expand property specialty retrocession, local facultative and captive reinsurance platform

As the Rendez-Vous de Septembre begins, cedants and their brokers are gearing up for challenging renewal discussions ahead of casualty covers incepting on January 1

Events such as floods, wildfires, hailstorms and winter storms are now integral to the evolving risk landscape

Cambridge Centre for Risk Studies research evaluates risk mitigation against more frequent and severe North American hurricanes

Sector’s underlying return on equity climbs to 15.5% from 13.6% in the half-year period, driven by improved underlying underwriting results and higher investment income, according to Gallagher Re

Bermudian groups lead outperformance by insurance stocks in the past fortnight

Melvin joins from Aon, where he was US regional insurer group president

Legacy specialist Enstar solicited bids from 34 potentially interested third parties but received no additional offers

Rise in global insured catastrophe losses attributed to rapid urban expansion and exposure growth, the impact of climate change and variability, and rising frequency of events coupled with economic and social inflation

Capital in the market remains strong and reinsurers will want to maintain discipline, while buyers will look to leverage strategic relationships, broker’s chief executive says ahead of the Rendez-Vous de Septembre

Market’s rapid expansion means $121bn in capacity could be needed to cover a one-in-250-year aggregate event, according to CyberCube

Bermuda platform ‘an important new growth pillar’ for the specialty carrier’s reinsurance business that will complement syndicate offering

Majority of buyers say reinsurance prices will remain stable or rise next year, but significant minority expect to pay less for their property reinsurance programmes, annual survey by Moody’s finds

Client Edge Facility provides additional US property capacity with a limit of up to $25m

Reinsurers’ net combined ratio to tick up to between 92% and 96% amid concern about US casualty reserves and moderating rate increases, analysts predict