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Parent AIG’s cat losses remained elevated in line with the prior-year Covid-19-impacted quarter.
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Opinion
Focus
Focus
06 May 2021
Many carriers agreed on the growing attraction of primary markets but differed on reinsurance-expansion tactics.
Analysis
Analysis
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The jurisdiction’s ILS market is growing as sponsors take advantage of Singapore’s fee rebate, but can it sustain its growth and take market share from Bermuda? -
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.
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Overall growth in the quarter was modest but the market was faced with some major non-renewals.
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From Insider Engage
How to develop a financial vaccine against future pandemics
Insurers had had better make sure Congress is aiming at the right target, before the insurance industry takes its one shot at a federal pandemic risk program
From Inside P&C
Ascot Bermuda’s Thompson: ‘We’ve put our foot to the floor’ on growth
The executive said opportunities at present were “unprecedented” and that he expected the firming market in long-tail lines to last "a long time”.
From Insider Engage
Business interruption: Keeping calm and carrying on
The challenges of 2020 placed an intolerable burden on both buyers and carriers of business interruption coverage, but what have insurers learnt about underwriting the risk and how to structure a sustainable product going forward?
From Insurance Insider
Mosaic vision to become a ‘dematerialised Lloyd’s’: Wheeler
The co-CEO said that the Bermuda-based start-up’s model was based on the principle of “frailty eradication”.
Supplements
Supplements
17 September 2020
Covid-19 and ILS strategies: locking down diversification benefits.
