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Catco warns of potential Dorian and Faxai losses

The Catco Reinsurance Opportunities Fund grew again in August, continuing the trend of growth every month in 2019.

KCC: Jebi losses should not have been a surprise

The (re)insurance industry should expect a Japanese loss of over $15bn at least once every 20 years, the risk modeller said.

AIR sets Faxai insured losses at $3bn-$7bn

The firm’s estimate points to a higher top-of-the-range loss than early market forecasts of between $1.5bn and $5bn.

Insurers to recoup $11bn from PG&E for wildfire claims

The settlement was midway between the $20bn insurers sought and an earlier $8.5bn offer.

• RMS posts $500mn-$1.5bn Dorian loss estimate for US mainland
• Wider implications of higher retro rates considered in Monte Carlo
• AIR: Modelled insured cat losses increase 7.1% in 2019 reaching $92bn
• Tropical disturbance to lash Bahamas and Florida with rain
• Butt to replace Reith as Neon CEO
• Guy Carpenter: Reinsurers adjust to new norm of higher cat losses

Opinion

Reinsurance puts too much focus on itself – but occasionally introspection is worthwhile

Is traditional reinsurance the real source of locked capital?

Dorian raises spectre of third loss year fears

Investors need to monitor the ‘good’ ILS years just as closely as the bad ones

Analysis

Full 2017-18 cat bond losses reach $1.2bn

Fourteen cat bonds with a combined value of $1.18bn are expected to be a full loss following 2017 and 2018 losses, Trading Risk understands.

Reinsurers boost fees on ILS growth

The handful of reinsurers to disclose third-party fee income lifted this source of earnings by almost a third year on year in the second quarter.

Analysts on ILS M&A: full-service platforms may win

M&A activity has made analysing structural conflicts in ILS platforms harder but winners may be those that offer a range of means of access to risk, consultants say.

Most reinsurers lift cat exposure as retro use flattens

Most reinsurers lifted their exposure to major cat losses heading into 2019, with net written premiums rising further early this year, ratings agencies noted.

Supplements

Investor Guide to ILS: H2 2019

Reinsurance conditions began moving in investors’ favour in mid-year 2019, marking a delayed reaction to 2017-2018 losses.

Trading Risk Awards 2019

This year’s award winners have taken their moment in the spotlight at a turbulent time in the ILS market’s history, making their recognition all the more valuable.