-
Cedants are opting to bank double-digit savings as reinsurers fight for market share. -
The US insurer squeezed its retention in a renewal where cat treaty retentions are widely holding steady.
-
The finance committee discussed shifting market dynamics as tort reform takes effect.
-
Los Angeles wildfires and SCS pushed US losses to $89bn.
-
The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
-
The market is “extremely competitive”, with several launces from MGAs and syndicates expected.
-
The Japanese P&C carrier agreed a deal to buy 15% of WR Berkley shares in March.
-
Several Lloyd’s syndicates are also now providing cover for the federal insurer.
-
An “extraordinary” proportion of storms reached Category 5 status this year.
-
Existing facilities and carrier partners will be transferring from K2.
-
Insurance penetration varies, but hotels have “near-total” coverage and strong limits.
-
The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.
Most Recent
