Multiple developments last week leave the Bermudian reinsurer with few attractive strategic options.
Know your counterparties well.
Four insurers combined hold almost a 50 percent share of the state’s homeowners’ market.
Casualty underwriters told this publication they were assessing their talc exposures after the Johnson & Johnson verdict but were not overly concerned.
Some cyber underwriters believe gap products for specialty lines are “unsustainable”.
The pattern of private equity firms buying up independent brokers is by now a familiar one in the UK.
The snap-back of US sanctions has left aviation underwriters uncertain if international routes to Tehran can still be covered.
The placing system’s volumes are making people "sit up and take notice".
The latest figures on PPL usage are encouraging, but more than a quarter of Lloyd’s syndicates are still not meeting their target.
Legacy deal talks with Maiden have stalled, leaving Catalina as a meaningful investor in a challenged business with a potentially highly volatile share price.
Everest Re's unexpected $250mn negative development from last year's hurricanes proved to be an isolated case among Bermudians.
The Cal Phoenix Re cat bond was the first cat bond to cover wildfire on a standalone peril, as well as the first third-party liability issuance.
A research paper from the International Association of Insurance Supervisors (IAIS) found climate change poses both opportunities and risk for insurers.