reinsurance

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

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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

Arch Re hires Mt. Logan’s Chase as Deputy General Counsel, Capital Partners & Reinsurance – Go Health Pro

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Arch Re hires Mt. Logan’s Chase as Deputy General Counsel, Capital Partners & Reinsurance – Go Health Pro

Arch Re, the reinsurance underwriting arm of global re/insurer Arch Capital Group, has hired Nicole Chase who was most recently at Everest’s third-party capital and ILS platform Mt. Logan, as Deputy General Counsel for Arch Re Capital Partners & Reinsurance.Chase had worked at Everest Group since 2016, first as an Associate General Counsel for Everest … Read more

Easing of retro market conditions bolstered 1/1 reinsurance renewal capacity: Aon – Go Health Pro

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Easing of retro market conditions bolstered 1/1 reinsurance renewal capacity: Aon – Go Health Pro

An easing of conditions in the retrocession market has helped to bolster capacity in advance of the January 1st 2025 reinsurance renewals, resulting in a situation where capital was more than adequate to meet growing client demand, broker Aon has said today.Overall, reinsurance capital providers showed greater flexibility to buyers after a second year in … Read more

California Commissioner Issues Regulation to Allow Reinsurance in Ratemaking – Go Health Pro

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California Commissioner Issues Regulation to Allow Reinsurance in Ratemaking – Go Health Pro

California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the state’s ailing homeowners insurance market with the Net Cost of Reinsurance in Ratemaking Regulation, which enables reinsurance as a ratemaking factor and requires insurers to increase coverage in high-risk areas. The step, which the … Read more

Sustained strong catastrophe reinsurance profits ahead, if terms/attachments stick: KBW – Go Health Pro

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Sustained strong catastrophe reinsurance profits ahead, if terms/attachments stick: KBW – Go Health Pro

Analysts at Keefe, Bruyette & Woods (KBW) are the second group to say that the returns generated from catastrophe reinsurance risk underwriting and capital allocation can remain strong, just so long as the industry remains disciplined on attachments, terms and conditions.It’s taken a while for it to become clearer that the real driver of the … Read more