One top London market broker is forecasting rate rises of between 5% and 10% at January 1, 2021, assuming an average hurricane season
New carrier will be domiciled in Shanghai
Investors have renewed appetite for traditional reinsurers as Covid-19 wrecks key attraction of ILS investments
The current situation in Brazil is having an impact on reinsurers, but the maturity achieved by the reinsurance market over the last decade means it has the resilience to deal with most challenges
Dirk Herrenpoth succeeds Artur Klinger who joined Everest Re
US carrier reduces limit by $230m
Rating agency echoes views from other market participants suggesting broad market hardening
Sara Steiner joins from RenaissanceRe
Parties to reinsurance contracts are seeking legal advice as to whether aggregation clauses are triggered, but limited case law and vague wordings suggest protracted battles lie ahead
Windmill II Re bond upsized from €80m
Hannover Re will produce second-best combined ratio, analysts say
Scott Mackie appointed director of assumed reinsurance in property business
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