Claims trends

ILS investors have fought shy of multi-peril aggs due to low confidence in SCS modelling.

Ex-Tropical Cyclone Alfred has been the costliest event, with A$1.36bn in losses.

Florida’s top regulator says he’s eyeing eventual tweaks to the state’s cat fund, too.

A number of players suggested that the cost components of first-party claims were up between 30%-50% on that seen during Ransomware Wave One.

Early evidence is leading the (re)insurance market to hope the storm can avoid the development curve of its 2017 predecessor Hurricane Irma.

Several firm-orders have been released, but there are widespread expectations of a much-delayed renewal as low-layer capacity remains elusive.

Lodgepine departs from the pillared structure of Markel Catco, Markel co-CEO Richie Whitt said.

Willis Towers Watson may look to push its G360 broker facility into a delegated authority platform, sister publication The Insurance Insider reported.

Markel Catco's "eye-catching" hike to its wildfire loss reserves in its December monthly report implies that the Californian disasters triggered the firm's "floating back-up" pillars, according to a Numis analyst's note.

Markel Catco's "eye-catching" hike to its wildfire loss reserves in its December monthly report implies that the Californian disasters triggered the firm's "floating back-up" pillars, according to a Numis analyst's note.

Greenlight Re says reinsurers are in a "hardening" market but that excess capital - especially from collateralised providers - will temper premium increases.

Ratings agency Standard & Poor's (S&P) has put its ratings on two Vitality Re issuances from health insurer Aetna on CreditWatch with positive implications due to improving claims experience.