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Nephila 2358 one of Lloyd’s top growth syndicates for 2023
Expansion is set to be a trend across Lloyd’s as syndicates look to capitalise on a hardening market.
Opinion
RenRe will not write all-perils cat as it draws line in the sand
The reinsurer is ready to “walk away from business” where it feels pricing and terms and conditions are not good enough.
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Upsilon will not figure in retro market at 1.1
22 November 2022 -
COP27 recap: The climate debate pivots to metrics and resilience
21 November 2022 -
Markel names Cardoso head of Bermuda office
21 November 2022 -
RenRe will not write all-perils cat as it draws line in the sand
21 November 2022
Analysis
Initial loss estimates for the last quarter show lower hits to equity than observed after hurricanes Harvey, Irma and Maria five years ago.
Most ILS firms are marking the Ian loss as a $50bn+ event, although there are exceptions.
Reinsurance underwriters and brokers anticipate a Japanese renewal largely unaffected by Covid-19 as negotiations continue to focus on payback for 2018 and 2019 typhoon losses.
Early reporters emphasised an ongoing demand for structural change.
More News
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Aon’s Marcell urges reinsurers to get quoting
23 November 2022 -
Cayman company Ludlow Re debuts with $1bn annuities deal
22 November 2022 -
AGCS appoints Mills as global head of reinsurance
21 November 2022
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Herbie Re prices above guidance at 1250 basis points
21 November 2022
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Investor Guide to ILS: H1 2022
The decade from 2010 ran the full gamut of catastrophe loss experience, reminding us that there is no such thing as a "new normal" in the world of ILS.
