News
Insurance
Heavy cat losses and secondary perils ensured rising rates were a given for the 1/1 renewals, but it was the battle between uncertainty and capacity that determined exactly where they landed. Intelligent Insurer reports. 24 January 2022
Insurance
Rates moved in the right direction at the 1/1 renewals for reinsurers, but not far enough to compensate reinsurers for uncertainties over climate change, secondary perils and claims inflation. There were frustrations on all sides, but if they didn’t get all they wanted, many got what they needed – at least for now. 24 January 2022
Insurance
While perhaps the most fraught negotiations were over property cat during the 1/1 renewals in Europe, casualty and specialty lines also had their areas of contention. As with property, the outcomes for insurers varied widely, said an Intelligent Insurer panel. 24 January 2022
Insurance
Plentiful capacity didn’t save cedants from rising rates, and reinsurers showed discipline at the 1/1 renewals. But cedants saw wildly different outcomes, an Intelligent Insurer panel heard. 21 January 2022
Insurance
The re/insurer has significantly expanded its participation in Ryan Specialty’s international MGU portfolio. 21 January 2022
Insurance
It says the MGA fills a gap in the market currently ‘underserved’ by insurers. 20 January 2022
Insurance
The independent MGA will focus exclusively on hostile and malicious risk insurance. 20 January 2022
Insurance
April and mid-year deadlines could see cedents cave to the market fragmentation visible in January renewals. 20 January 2022
Insurance
The executive brings more than 20 years of experience in the financial industry. 20 January 2022
Insurance
Conduit Re builds retrocession panel to keep pace with growth, will take more coverage in 2022 - CEO
2022 retrocession deals came at ‘increased pricing’, but still within Conduit budget. 19 January 2022
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