reinsurance

Insurance (and likely reinsurance) is considered to be a softening market by specialty player Beazley, but CEO Adrian Cox wrote today in his interim results statement that there is a fundamental difference between now and the prolonged soft market of 2010 to 2018.

Nephila Capital, the specialist insurance-linked securities (ILS) investment manager, has lifted the profit forecast for its Lloyd’s Syndicate 2358 for the 2024 year of account by 1.8% at the mid-point, implying a roughly $17.1 million profit based on the $150 million capacity base the syndicate had deployed for that underwriting year.

CatIQ, the Toronto-based independent catastrophe insurance data provider and a subsidiary of PERILS, has estimated the one-year industry loss caused by the flooding related to the remnants of Hurricane Debby that affected Ontario and Quebec between August 9th and 10th, 2024, to be CAD $2.806 billion.

Driving home just how important the RenaissanceRe Capital Partners division has become to the global reinsurance firm, its CEO disclosed that the third-party and ILS capital management division has generated $700 million in fees for the business since the beginning of 2023.

Hannover Re is currently operating on the assumption that its retrocession needs for 2026 will result in a similar placement as we saw at the start of this year, unless pricing proves particularly compelling to purchase more, Sven Althoff, Member of the Executive Board for Property & Casualty (P&C) explained today.

With just three weeks left until the event, we have added four more expert speakers to the roster for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025. Held in London on September 2nd, there is not long to go. Register to attend here.

Global reinsurance firm Hannover Re remained over its large loss budget after the first-half of 2025, but the second-quarter was a far less impactful period than Q1 which resulted in the company only ceding EUR 21 million of natural catastrophe losses with insurance-linked securities (ILS) capital sources.

The fifth named tropical storm of the 2025 Atlantic hurricane season has now formed, as Erin has now been named. The US National Hurricane Center forecast cone suggests we could see hurricane Erin by Wednesday and a potential major hurricane Erin by this weekend, but with its exact direction of travel very uncertain at this […]

Findings from a new survey released by broker Aon has highlighted a significant gap in catastrophe model utilisation, which can ultimately impact how re/insurers assess risk, structure capital and respond to disaster scenarios.

Bermuda has continued to see strong registration numbers of new catastrophe bond, insurance-linked security (ILS) and alternative or third-party reinsurance capital related entities through the first-half of 2025, with the total rising slightly according to Bermuda Monetary Authority (BMA) data.