Treaty Reinsurance
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The French (re)insurer said the deal was in line with its “quantum leap” strategy to expand into profitable business lines and reinforce technical expertise.
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The carrier is seeing increasing submission levels and “much improved pricing” in facultative reinsurance. -
The executive told analysts that reinsurance rates are starting to climb in certain areas, offering opportunities.
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Just under a quarter of Covea’s portfolio would be dedicated to reinsurance should its bid for PartnerRe be successful.
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A picture is emerging of the state of the reinsurance market heading into the mid-year renewals.
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Lloyd’s has appointed the veteran broker with immediate effect.
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Global P&C CEO Jean-Paul Conoscente says recent Japanese losses triggered a rethink.
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The carrier said rates were not responding adequately to claims and loss creep.
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The carrier notes an underwhelming industry response at 1 January to recent natural catastrophe losses.
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Costs associated with Markel's investigations into Catco drove ILS expenses up tenfold for the insurance group in 2019.
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The new funds raised at 1 January are dedicated to its retro-focused Upsilon fund and its Medici cat bond strategy.
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As one of the market’s de facto regulators, it is well placed to understand demand-side factors.
Most Recent
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Daily Digest: Top news from November 26
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InsurTech Sayata cutting senior staff amid stuttering sales process
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Hadron takes ex-Accredited Europe CEO Johnson as international CEO
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