Companies on the island may incur as much as 25% of industry losses tied to Hurricane Ian, which are expected to range from $50bn to $75bn

World’s second-largest buyer of natural catastrophe reinsurance reveals October 1 programme not fully renewed and casts doubt on April 1 contracts as capacity challenges escalate 

Losses from Ian to resonate through the re/insurance markets with sharper pricing and underwriting terms in the near term and uncertain risk appetite in the longer term, Fitch says

Pixel Re will provide facultative excess-of-loss cover with attachment points of $500m and above

National Indemnity, Munich Re America and Transatlantic Reinsurance post largest gains, as Scor US, XL Re America and Endurance Association book deepest losses

Spanish reinsurer is not looking to change the balance of its portfolio with capital raise, chief executive tells Insurance Day

Spanish reinsurer says move would allow growth at a time of improved market conditions

Upward pricing momentum and enhanced market discipline offset heightened natural catastrophe activity

Bermuda-based reinsurer hires Axa XL Bermuda reinsurance chief and promotes Slater to chief underwriting officer

Global re/insurers report strong underwriting result despite the impact of Hurricane Ian as rising rates drive premiums up 13%

Pure-play reinsurer hires Axa XL Re’s Peter Kiernan as head of property underwriting as it look to take advantage of current market dislocation 

She will be based in Bermuda and report to lead property underwriter Andrew Shaw