Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

21 May 2013

Catlin renews agg retro

16 February 2012

Catlin has revealed that it managed to renew its giant xs $500mn aggregate retrocession programme, believed to be one of the largest aggregate programmes bought in the market.

The (re)insurer said the programme was structured similarly but not identically to its 2011 programme. And although it cost slightly more, Catlin said this was "largely offset by the increased underlying rates on the original business covered".

CEO Stephen Catlin told The Insurance Insider that the price increase was "affordable and less...


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