Treaty Reinsurance
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Swiss Re’s recent underwriting actions, model updates and risk repricing have prepared it to take on more secondary perils, according to its top team. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Alternative capital increased by 4.4% after two years of stagnation.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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There is a tension between securing payback and negotiating higher retentions.
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The limit has increased by 5.5% on cover of $1,930mn placed last year.
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CEO Sankaran and COO Gangu are looking to use the firm’s capital, platforms and licensing to create value beyond reinsurance.
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President Putin has signed off on a new law that has banned Russian carriers from ceding risks to reinsurers in "unfriendly states".
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Acrisure Re brokered the deal.
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The legacy acquirer reported in its full-year earnings that rising interest rates decreased the fair value of its investment portfolio by $1.2bn.
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The reinsurance deal will require James River to write off $6.8mn in Q1 2022.
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The deal’s exposures are focused in the troubled personal auto market where loss costs have been running ahead of rates.
