Jill-Beggs

Beggs to lead Munich Re’s E&S insurance drive

2018-12-18T19:25:00+00:00

Jill Beggs will oversee Munich Re’s expansion into the US excess and surplus lines (E&S) market under the umbrella of the newly formed specialty insurance unit led by Mike Kerner, The Insurer can reveal.

MMC-&-JLT

Marsh unveils regional and specialty leadership team post-JLT acquisition

2018-12-18T17:51:00+00:00

Marsh has set-out the leaders for its regional, specialty, and placement teams worldwide when its acquisition of JLT completes next year.

RennaisanceRe,Bermuda

RenRe launches Class 3B property cat reinsurer

2018-12-18T15:09:00+00:00

Bermudian carrier RenRe has teamed up with Dutch pension fund manager PGGM to launch a property cat reinsurer - Vermeer Reinsurance.

Engineering construction

Brit still writing construction and engineering

2018-12-18T18:11:00+00:00

Brit Insurance is continuing to write international construction and engineering risks albeit in a reduced fashion, the London-headquartered (re)insurer confirmed today.

RLI and Zurich

RLI and Zurich FOTs suggest modest improvement for casualty reinsurers

2018-12-18T12:00:00+00:00

The flow of casualty and professional liability treaty renewal firm order terms (FOTs) is beginning to pick up with indications so far pointing to flat or moderate improvements of terms for reinsurers, The Insurer can reveal.

MMC-&-JLT

Marsh unveils regional and specialty leadership team post-JLT acquisition

2018-12-18T17:51:00+00:00

Marsh has set-out the leaders for its regional, specialty, and placement teams worldwide when its acquisition of JLT completes next year.

RennaisanceRe,Bermuda

RenRe launches Class 3B property cat reinsurer

2018-12-18T15:09:00+00:00

Bermudian carrier RenRe has teamed up with Dutch pension fund manager PGGM to launch a property cat reinsurer - Vermeer Reinsurance.

Engineering construction

Brit still writing construction and engineering

2018-12-18T18:11:00+00:00

Brit Insurance is continuing to write international construction and engineering risks albeit in a reduced fashion, the London-headquartered (re)insurer confirmed today.

RLI and Zurich

RLI and Zurich FOTs suggest modest improvement for casualty reinsurers

2018-12-18T12:00:00+00:00

The flow of casualty and professional liability treaty renewal firm order terms (FOTs) is beginning to pick up with indications so far pointing to flat or moderate improvements of terms for reinsurers, The Insurer can reveal.



Denis-Kessler-scor

Scor rewarded for traditional early 2019 retro renewal

Tier one global reinsurer Scor has been rewarded for its traditional early renewal of its annual P&C retro program by renewing its core XoL coverage before the November California wildfires and benefiting from a more favorable pricing environment, The Insurer can reveal.

Largest-Mercury-General-reinsurers-($mn)-i

Cali wildfire disclosures, data now pointing to circa $15bn loss

2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.

Ardonagh-debt

Ardonagh debt weighs heavily as UK broker sells assets

*Debt yielding circa 11 percent ** New $235mn bond takes issuance beyond £1bn *** Acquires Nevada 3 assets at near 30 percent premium to cost

Denis-Kessler-scor

Scor rewarded for traditional early 2019 retro renewal

Tier one global reinsurer Scor has been rewarded for its traditional early renewal of its annual P&C retro program by renewing its core XoL coverage before the November California wildfires and benefiting from a more favorable pricing environment, The Insurer can reveal.

Largest-Mercury-General-reinsurers-($mn)-i

Cali wildfire disclosures, data now pointing to circa $15bn loss

2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.

Ardonagh-debt

Ardonagh debt weighs heavily as UK broker sells assets

*Debt yielding circa 11 percent ** New $235mn bond takes issuance beyond £1bn *** Acquires Nevada 3 assets at near 30 percent premium to cost



US government. Washington

For non-US reinsurers operating in the US reinsurance market—options for 2019 and beyond

On December 19, the National Association of Insurance Commissioners (NAIC) will vote on, and presumably approve, another set of changes to its model credit for reinsurance law and regulation. These changes are designed to implement the EU-US Covered Agreement and extend it to permit qualifying reinsurers in non-EU countries such ...

The ILS Holy Grail

The Holy Grail of secondary market cat trading…

The holy grail of creating a truly liquid trading instrument for catastrophe risk has been pursued by innovative marketeers for more than 25 years.

Hong Kong city skyline

The CatCo crunch…

*1.1 Retro quotes being re-priced ** Ajit’s phone “already ringing” *** Late renewal just got a lot tougher

US government. Washington

For non-US reinsurers operating in the US reinsurance market—options for 2019 and beyond

On December 19, the National Association of Insurance Commissioners (NAIC) will vote on, and presumably approve, another set of changes to its model credit for reinsurance law and regulation. These changes are designed to implement the EU-US Covered Agreement and extend it to permit qualifying reinsurers in non-EU countries such ...

The ILS Holy Grail

The Holy Grail of secondary market cat trading…

The holy grail of creating a truly liquid trading instrument for catastrophe risk has been pursued by innovative marketeers for more than 25 years.

Hong Kong city skyline

The CatCo crunch…

*1.1 Retro quotes being re-priced ** Ajit’s phone “already ringing” *** Late renewal just got a lot tougher