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Lower cost reinsurance can offset AOB related rate hikes: COIN Re

COIN Reinsurance believes that the inevitable escalating rate hikes that hit insurance buyers due to loss adjustment and assignment of benefit (AOB) expenses can be countered by lower cost reinsurance for carriers.COIN Re, a recently launched Florida focused and headquartered property reinsurance broker that has aligned itself with Beach Group, read the full article →

SCOR’s retrocession buffers its results again

Global reinsurance firm SCOR has once again benefitted from its retrocession over the last year, one factor helping the firm to report higher results year-on-year.SCOR reported its full-year 2018 results this morning and revealed that the strong growth we've reported on through recent consecutive quarters resulted in gross premiums underwritten read the full article →

RMS to enhance view of U.S. wildfire risk with new HD model

Catastrophe risk modelling specialist RMS is hoping to enhance the insurance and reinsurance industries view of U.S. wildfire risks with a new high-definition risk model that was launched last week.After the severe California wildfire losses of 2017 and 2018 the subject of wildfire risk, the market's ability to underwrite it read the full article →

Aspen adds another Peregrine quota share, likely with Stone Ridge

Bermudian insurance and reinsurance group Aspen Insurance Holdings Limited has continued to expand its use of collateralized reinsurance and ceding risks to third-party capital investors through its Aspen Capital Markets division.Aspen has been making increasing use of retrocessional sources of reinsurance capital alongside the appetite of third-party ILS investors to read the full article →