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Shareholders approve Catco runoff

Shareholders in the retro provider’s listed fund voted in favour of the runoff.

Focused rate hikes at Japanese reinsurance renewal

Rate increases of up to 25 percent on high-risk, loss-affected wind covers have been diluted by flat rates on quake and loss-free layers.

Peel Hunt: Alternative capital taking a ‘more disciplined pricing approach’

2018 could show insufficient underwriting profit within Lloyd’s to absorb significant property catastrophe losses, the analysts said.

Australian summer cats cost insurers $1.6bn

The expected losses from the December hailstorm in Sydney have risen from A$871mn to A$1.2bn.

• ILSBlockchain deals surpass $50mn after $12mn Solidum issuance
• Lower than normal hurricane activity predicted for 2019
• LSE listing service provides for secondary trading
• Cat bonds will expand to new perils: Flandro
• RenRe closes TMR acquisition
• Cohen & Company raise $151mn for acquisition vehicle

Opinion

Are more fundamental changes required before the insurance industry adopts index underwriting?

Is the ILS market flying further from its Miami roots?

Bad data can hamstring the output even from well-developed hurricane models

Up next – a cyber cat bond?

Analysis

Florida under review: ‘social inflation’ fears drive repricing demands

The impact of Hurricane Irma loss creep is coming to the fore ahead of the June renewals.

Florida lawmakers tackle AOB reform

Both houses of the state legislature are eyeing up reform of attorney fees involved in litigated insurance claims.

Irma creep continues as Floridians bounce back from Michael

Q4 loss creep from Hurricane Irma averaged 25 percent amongst the state’s five listed insurers.

Japanese ILW rates up ahead of April renewal

New aggregate demand from Japanese cedants may also present opportunities for ILS markets.

Supplements

Investor Guide to ILS: H1 2019

The past two years challenged the catastrophe (re)insurance market more than any period since the Hurricane Katrina era in 2004-2005 – but it is far from clear what the outcome will be this time around.

Monte Carlo Roundtable 2018

What’s in a promise to pay? That was one of the questions that was circulating at this year’s Monte Carlo Rendez-Vous.