reinsurance

During the Aon Reinsurance Solutions pre-Monte Carlo Rendez-vous briefing, senior executive Tracy Hatlestad said that the firm believes reinsurers can still achieve their ROE targets even with a further 10% or greater softening of property catastrophe rates-on-line at January 1 2026.

Swiss Re has highlighted the capital efficiency that a modern and layered risk transfer architecture brings to the property and casualty insurance market, seeing the capital markets and investors as now key elements in a chain that is supporting growing volumes of global risks.

Ryan Specialty, the international insurance group, has launched a collateralized reinsurance sidecar named Ryan Alternative Capital Re, Ltd. alongside re/insurer AXIS Capital and raised approximately $400 million to fund the structure thanks to backing from investment firms Flexpoint Ford, LLC and Sixth Street.

Global reinsurance company Hannover Re sees an opportunity to further develop the integration of resiliency features within catastrophe bonds, having received positive feedback from the market and clients since the transaction for the North Carolina Insurance Underwriting Association (NCIUA), Executive Board Member Silke Sehm has told Artemis.

While the mid-year renewals offered some pricing relief, many small- to medium-sized US insurers still find traditional reinsurance costly in certain cases, prompting them to explore alternative sources of capacity such as catastrophe bonds according to AM Best.

Lloyd’s specialist Apollo has been approved to launch a sidecar-style syndicate in the market, a strategic move that highlights a desire to enhance reinsurance efficiency and to extract more value from the insurance business underwritten through its platform, for its capital partners and itself.

MultiStrat, the specialist underwriter, reinsurance investment facilitator and casualty insurance-linked securities (ILS) company, is accelerating its expansion having secured a new capital investment by a large institutional asset manager in a reinsurance vehicle it will manage and announcing more hires.

The convergence of reinsurance and capital markets is “alive and well”, as reinsurers increasingly lean on alternative capital and insurance-linked securities (ILS) products, Mike van Slooten from Aon’s Reinsurance Solutions division explained in a pre-Monte Carlo briefing today.

Parametric specialist Descartes Underwriting has announced the hiring of insurance market veteran Sébastien Bardy to the newly created position of Chief Financial Officer, who joins the organisation from German insurer Allianz.

Following the mid-year reinsurance renewals the California Earthquake Authority (CEA) now sees catastrophe bonds making up an even larger proportion of its more than $7.83 billion risk transfer tower, at over 33% of the limit provided.