Cat reinsurance renewals “rational”, lower-layer & aggregate appetite rises: Gallagher Re CEO – Go Health Pro

Cat reinsurance renewals “rational”, lower-layer & aggregate appetite rises: Gallagher Re CEO – Go Health Pro

The softening of the property catastrophe reinsurance market seen at the key January 2025 renewals has been “entirely rational”, according to broker Gallagher Re, despite the fact the decline in risk-adjusted pricing was greater than many reinsurers had planned for.Catastrophe loss-free property reinsurance treaties declined almost across the board, except for a few regions that … Read more

QBE gets $250m Bridge Street Re cat bond priced 14% below initial mid-point – Go Health Pro

QBE gets 0m Bridge Street Re cat bond priced 14% below initial mid-point – Go Health Pro

QBE, the Australia headquartered global insurance and reinsurance group, has now secured its targeted $250 million of retrocessional protection from its first catastrophe bond sponsorship since 2013, as the Bridge Street Re Ltd. (Series 2025-1) issuance has now been priced roughly 14% below the mid-point of initial guidance, we are told.QBE has been back in … Read more

Silk Road Re cat bond gives Taiping Re $35m of 3-year China quake / US wind retro – Go Health Pro

Silk Road Re cat bond gives Taiping Re m of 3-year China quake / US wind retro – Go Health Pro

We’ve learned a few more details about the new Silk Road Re Limited catastrophe bond transaction that is set to be issued out of Hong Kong, with the notes set to provide sponsor Taiping Reinsurance Company (Taiping Re) with a US $35 million source of three years of retrocessional protection.Yesterday, we reported that Taiping Re … Read more

SafePoint raises Nature Coast Re 2025-1 cat bond target to $150m-$200m – Go Health Pro

SafePoint raises Nature Coast Re 2025-1 cat bond target to 0m-0m – Go Health Pro

SafePoint Insurance Company has raised the target size for its latest catastrophe bond issuance, with now between $150 million and $200 million of reinsurance protection sought from capital market investors through the Nature Coast Re Ltd. (Series 2025-1) deal, Artemis can report.It means this new Nature Coast Re cat bond could become the equal largest … Read more

ECB, EIOPA propose EU nat cat reinsurance solution, with catastrophe bond support – Go Health Pro

ECB, EIOPA propose EU nat cat reinsurance solution, with catastrophe bond support – Go Health Pro

A proposal published by the European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) calls for a natural catastrophe insurance system that includes pooling private risks, strengthening disaster risk management, and the use of catastrophe bonds to support catastrophe reinsurance availability for Europe.It follows a discussion paper from 2023 that called … Read more

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