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Rates rising at fastest pace since 2002: Hyperion X

Property catastrophe reinsurance rates rose by 26 percent at the 1 June renewals, according to the London broker.

UPC lifts core reinsurance cover by $100mn to $3.3bn

The carrier took a small co-participation on its first layer, effectively lifting its retention.

HSCM sets up Bumblebee Re transformer in Bermuda

The launch will bring collateralised reinsurance transforming in-house.

Reinsurers are driving necessary changes in Florida

The Covid-19 pandemic has caused greater turbulence in the Florida reinsurance market than Hurricane Irma, and two big questions will remain after the dust has settled.

• Lockton Capital Markets takes Vanpoint founder as CEO
• Hiscox and MS Amlin among eight for FCA BI test case
• Managing legacy business for third parties a ‘key goal’: R&Q
• Floridian Avatar lifts spreads on $65mn Casablanca cat bond
• Universal cuts back reinsurance tower by $20mn
• Twia to secure full $400mn from upsized Alamo Re cat bond

Opinion

Will the ILS market lose out to a reinsurer class of 2020?

Coronavirus outbreak may open up ILS opportunities

Redefining the USP of ILS

Access isn't just an empty mantra – but it has little to do with relationships

Analysis

Florida carriers reprice to herd chaotic renewal closer to finish

Multiple carriers had to revise official terms to get programmes home as reinsurers held firm on price demands.

Florida renewals go piecemeal as reinsurers jostle for private deals 

Reinsurers have held the line on pricing as cedants seek to close out deals, with the market showing further hardening.

Florida rate expectations surge as cascade covers stoppered

Reinsurers push back on aggregate exposure from cascading covers as market gets more differentiated.

Florida ILS market share dips in 2019 as Swiss Re moves up leaderboard

Two large ILS managers bucked the trend for alternative retractions, but traditional carriers recorded the fastest expansion.

Supplements

Investor Guide to ILS: H1 2020

Climate change and ILS strategies: reshaping the market's response

Monte Carlo Roundtable 2019

Reconstruction in the ILS market continues, with ongoing concerns about investor sentiment, capacity growth and the impact of retro rates