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

23 November 2017

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Reinsurers call on retro partners to manage Q3 loss hit

10 November 2017

Third quarter catastrophe losses represented a 7 to 14 percent hit to the shareholders' equity of global reinsurers, with major catastrophe writers such as Everest Re, Lloyd's of London, Lancashire and RenaissanceRe the most severely affected.

These figures are representative of pre-tax claims net of reinsurance and reinstatement premiums, so in some cases tax benefits will further reduce the impact of the quarter's losses.

But the Q3 loss reports highlighted the extent of reinsurers' reliance on retrocession cover, which has...


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