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Hannover Re trims retro cover: K-cession ILS down after ‘strong’ payout
Alternative Risk Transfer
K-cessions ILS cut ‘given the fact that 2023 was a very good year for investors’.   8 February 2024
Everest writes primary casualty reserves to undercut Q4 underwriting profit
Insurance
Uptick in investment earnings plus tax boon paper over insurance woes, up profits 62% y/y.   8 February 2024
Former Aon reinsurance UK CEO Frankland joins Faraday
Reinsurance
Faraday aims for profitable growth & diversification; eyes specialty lines.   8 February 2024
Risk Management
Reinsurers lagging behind ‘seismic growth’ in primary market.   8 February 2024
Reinsurance
Japan’s New Year’s Day earthquake may be a ‘reminder’ of exposures as rate talks heat up.   7 February 2024
Reinsurance
The broker has named EMEA managing director after new international CEO.   7 February 2024
Reinsurance
Hannover grows in XoL at twice the rate of QS, cyber leads cut in American proportional.   7 February 2024
Alternative Risk Transfer
Additional funds from existing investors includes forays into non-cat lines.   7 February 2024
Reinsurance
Resiliency reserve likely went ‘significantly higher’ than the €1.7bn year-end target.   7 February 2024
Reinsurance
SCOR sees ‘positive price movement’ at 4.1 albeit amid pressure from benign loss history.   7 February 2024

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