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Australia’s Suncorp slashed reinsurance in bid to mitigate hard market.
Insurance
Suncorp axed aggregate XoL cover, cut limit and hiked retentions, but still pays more.   4 July 2023
Retro clears at 1/7 as buyers adjust needs, sellers take higher layers
Insurance
Capacity came on strong wherever reinsurers sought the coveted single-peril deals.   4 July 2023
US MBS packager Fannie Mae halves Q2 insurance limit
Insurance
As across the reinsurance space, retentions have been hiked notably as limit is trimmed.   4 July 2023
Insurance
The Swiss Re-Catlin-ACE-AIG vet is tasked to ‘empower’ a specialist APAC underwriting team.   4 July 2023
Insurance
Capacity has grown across proportional and XoL classes, putting market on new balance.   4 July 2023
Insurance
The transaction increases the French state-owned reinsurer’s capital by €200m.   3 July 2023
Insurance
The LPT has been underwritten by Compre’s class 3B Bermudian reinsurer Pallas Re.   3 July 2023
Insurance
The move is part of its international growth strategy to capitalise on new opportunities.   3 July 2023
Insurance
Re Solutions has now become Guy Carpenter Israel.   3 July 2023
Insurance
As capacity chases higher rates, reinsurer loosen hopes for tighter terms, even warm to all-risks.   3 July 2023

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