Treaty Reinsurance
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The reinsurer is ready to “walk away from business” where it feels pricing and terms and conditions are not good enough.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s news team runs you through the key highlights of the week.
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The average impact of Ian on shareholder equity was higher for Floridians (25.5%) than European reinsurers (7.4%) and Bermudians (6.5%).
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As casualty lines face higher uncertainty, reinsurers are in a better position to negotiate prices and terms than they were a year ago.
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The market is split on their view of flood losses in particular – but in projections of a hard market, the different groups are united.
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Universal P&C, the FHCF, Axis, Berkshire and Nephila are among the firms that will be in focus as the loss develops.
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The ratings of EMC Insurance Companies and EMC National Life Company remain unchanged.
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Key questions include whether this is bad enough to trigger real change in Florida, and how elastic cat treaty capacity is to price.
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The Bermudian will also collaborate with Insurate in developing and underwriting products in the medium- to high-hazard workers’ compensation segment.
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