News

Reinsurance

Milton could render Paradise Lost: Beazley

The US property-cat reinsurance market is fragile, with only one good year of profit.   8 October 2024

Insurance

Mutuals turn to surplus notes as a replacement for reinsurance

Surplus notes used by smaller mutuals to replace pricey quota share reinsurance.   8 October 2024

Insurance

Poor performance of US homeowners line of business continues: Aon

The potential ROE for carriers has decreased by 100 basis points in the past 12 months.   8 October 2024

Reinsurance

US cyber reinsurance market overview: navigating an evolving landscape

Systemic risks are driving demand for cat protection in cyber reinsurance: Howden Re.   8 October 2024

Reinsurance

Secondary perils weigh heavily on reinsurance attachment points

Reinsurers becoming more concerned with the frequency and severity of non-cat events.   8 October 2024

Insurance

MGAs outperform the wider market on many casualty lines: BMS

Many MGSs are so focused they are better aware of claims trends occurring in their space.   8 October 2024

Insurance

Work is needed on SCS models, says Aon

Demographics and housing development outweigh any evolution in weather patterns.   8 October 2024

Insurance

Casualty negotiations to be tense in run up to 1/1: Fitch

Supply and demand will determine results, but some may be unhappy with the outcome.   8 October 2024

Reinsurance

Gen AI can solve property cat risks: DGTAL

The re/insurance industry must embrace Gen-AI, says DGTAL’s Vanda Giannara.   8 October 2024

Insurance

APCIA backs act to tackle third party litigation funding

The Litigation Transparency Act 2024 calls for disclosure of third party funding.   8 October 2024

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