Given where the retrocession market is positioned and the fact retro strategies are now less exposed to lower industry-loss level events, we could see more capital coming to support that segment, but Gregory Roberts, CUO of Conduit Re does not expect capital providers risk appetites to change.Speaking during a media call today, after Bermuda-based reinsurance … Read more
Senior executives from pure-play Bermuda reinsurance firm Conduit Re held a media briefing this morning on the 2024 Monte Carlo Rendez-Vous and defined that retrocession market situations are vibrant, however mentioned that ILS and third-party capital suppliers nonetheless must see returns evidenced.Answering a query posed by Artemis, Gregory Roberts, Chief Underwriting Officer (CUO) famous that … Read more
Broking big Aon has strengthened its property specialty retrocession in Bermuda with the addition of 5 new appointments on the island, together with experience in collateralized retro constructions and transacting with ILS and capital markets, with, we perceive, this transfer bringing onboard Lawrence Cheng, previously of Acacia Holdings and Peak Re.The corporate defined that the … Read more
The usage of collateralized retrocession limits has elevated among the many largest reinsurance corporations as different capital continues to be a crucial supply of retro safety, however for some retro patrons the price of protection stays too excessive, S&P World Scores has mentioned.In actual fact, throughout reinsurance corporations analysed by S&P, their January 1st 2024 … Read more
