November 2018/3
Published: 20/11/2018
Cat reinsurance pricing in focus as wildfire losses mount
Loss estimates for California wildfires crystallising around $10bn-$15bn range.
Carriers are behaving wholly rationally in their retrench...
This ain’t nothing like a hard market, but that is very much a good thing for everyone.
Retro capacity lock-up feared as 1.1 approaches
Aggregate loss activity will trap retro capital for a second year running, as disappointing returns set up expectations for reduced capacity.
The prize of true straight-through processing comes into ...
A fully electronic marketplace is within grasp as phase two of the Target Operating Model process approaches.
Insider View: Money speaks louder than words
No-one will miss London's huge process expense, but traditional placing has always had a romantic attraction for brokers and underwriters.
How wildfire losses can snowball for utilities
PG&E could face $10bn in claims from 2017, with a similar scenario to potentially play out after this year’s fires
Credit insurers fear PRA default proposals
Changes to the definition of default could hamper insurers and derail debt restructuring efforts.
Beazley approved for 2019 with modest stamp uplift
Syndicate 2632 is up 1.6%, while 623 stamp rises by 4.5% at Andrew Horton’s business.
The Lloyd’s planning process has not been one-size-fits-all
Syndicates were given a hard ride in the planning process, but innovative ones are being allowed to grow.
Q3 results wrap: Cat losses in focus
Above-average cat losses dominate discussions during the P&C earnings season.
Golden State Re quake cat bond targets $225mn
The California State Compensation Insurance Fund returned to the cat bond market as USAA’s ResRe multi-peril deal raised $200mn.