Treaty Reinsurance
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The emergency funding bill has been sent to President Trump for approval.
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Some of the largest teams – including fac, marine and non-marine specialty – are in scope.
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The deterioration pushed the retro fund’s 2018 loss to 46.7 percent for C shares.
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California-based insurer has expanded its reinsurance coverage during what was a fairly flat renewal for the carrier.
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The company’s reinsurance spend as a proportion of earned premium rose to 33.3 percent – up 2 percentage points.
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Huge differentiation in outcomes for buyers as reinsurers reward quality cedants.
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National Union Fire’s existing contract with Florida Specialty is due to expire on 1 June.
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The Brazilian reinsurer’s financial strength rating has been raised to A.
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The carrier scales back to writing just a small amount of US risk following the Brumadinho dam collapse.
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Ongoing political uncertainty continues to erode business confidence.
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The Bermudian reinsurer is increasing its fixed income investments as it develops its underwriting profile.
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CV Starr’s US arm won the major aerospace cargo account in February.
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