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Florida demand changes ‘marginal’ from Demotech fallout

Some reductions in demand might follow as policies change hands, but this will not be a key influence on renewal dynamics.

Coronavirus puts World Bank pandemic bond back in spotlight

The current death totals do not suggest the transaction is under immediate threat.

Travelers scales back aggregate cover

The insurer placed 35 percent less aggregate limit than in 2019.

Nephila lines up as cyber specialist Cowbell reinsurer

This is the first time the Bermuda-based ILS manager is known to have been linked to cyber risk deals.

• Cat bond resurgence expected in 2020
• Willis reports 34% decline in cat losses in 2019 to $53bn
• Australian hailstorm claims swell by more than A$100mn in a day: ICA
• AM Best maintains review status on Weston after Anchor deal
• Pricing on Vitality Re XI cat bond drops 20%
• BMS hires cat/ILS exec Kohonen

Opinion

Staying relevant will be a 2020s challenge

There's only so much nat-cat loss tallies can show us about the state of the market

Questions over how reinsurance market will deal with earnings covers in future – but some resolutions could be addressed

Renegotiations and resolutions for 2020 are just beginning

Analysis

Casualty market rate pressure picks up

Social inflation is not just a Florida issue – it's also top of mind in the casualty market.

Retro deals bolster cat bonds in slow 2019

New issuances fell to the lowest level since 2011, amid an uptick in risk levels and US exposures, according to Trading Risk data.

Low cat loss tally for 2019 as prior-year events create drag

Reinsurers pegged 2019 nat cat losses 23 percent lower than the 10-year average, but prior-year disasters created headlines.

Brokers identify uneven momentum in 1.1 reinsurance renewals

Intermediaries called the renewal “asymmetric” and “divergent” as rates began to move up after a pressured few years.

Supplements

Monte Carlo Roundtable 2019

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

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.