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How robust are your reinsurance recoverables when you really need them?
Insurance
For cedants previously relaxed about the structure of their reinsurance programme, a new report by Litmus Analysis has unveiled an often overlooked challenging reality about the reinsurer credit risk a cedant is really taking.   10 September 2022
Ransomware uptick driving cyber price increases: Fitch
Insurance
Ransomware attacks continue to soar, demand is rising for insurance coverage and insurers need more data, according to Gerry Glombicki of Fitch Ratings.   10 September 2022
Scarcity of naïve capacity will elongate hard market
Insurance
Naïve capacity is scarcer than it used to be—but the market remains cyclical and it is only a matter of time before it turns again, Charles Manchester, chief executive officer of Manchester Underwriting, told Monte Carlo Today.   10 September 2022
Insurance
Re/insurers should not focus too much on event frequency when it comes to windstorm risk—just like real estate, location (where a hurricane makes landfall) is everything, Karen Clark, chief executive officer of Karen Clark & Company (KCC), told Monte Carlo Today.   10 September 2022
Insurance
The reinsurer ‘maintained’ profitability despite the consequences of Ukraine war and nat cat.   9 September 2022
Insurance
The market reserved £1.1bn net of reinsurance for claims related to the war in Ukraine.   8 September 2022
Insurance
‘Pricing dynamics is really on a level we have not seen in a really long time.’   8 September 2022
Insurance
The insurer expects reinsurance costs will follow the spectacular decline in loss ratios.   7 September 2022
Insurance
The move is expected to bring a gross written premium of £135m for 2023.   7 September 2022
Insurance
Inflation moves too fast to judge if current countermeasures will prove adequate.   6 September 2022

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