Treaty Reinsurance

Increased cat bond issuance, FHCF participation, and quota share usage reduces capacity needed at 1 June.

Rate rises and changes to risk selection bolster earnings.

The size of the capital raise for the Bermuda-domiciled vehicle, which is 50:50 between the two partners, was not announced.

We have previously written that a rationally competitive AIG could be the most important secular change to the US commercial P&C industry structure in a generation. As such, the firm’s Q1 results and earnings call will likely face even more scrutiny than normal.

The Warren Buffett-headed business reported an underwriting loss for the P&C reinsurance operations in the first quarter.

Chandler's appointment at BMS follows that of former JLT Re CFO Nick Moss earlier this week

The insurer expects to complete its Florida placement later this quarter.

The Hartford has paid some $91mn before tax for the $300mn aggregate treaty.

Sanders II ILS structure offers additional $300mn of aggregate limit available to Allstate

The new per occurrence treaty provides protection for catastrophes other than named storms and earthquakes.

The total return reinsurer reported a strong return in its first set of results as a public company.

The broker expects a pick-up in alternative capital after growth in that segment slowed last year.