Rates

The (re)insurer pulled two layers of cover from the deal as it affirmed pricing targets on three others.

A lockup in retro capacity linked to the Japanese typhoons will further encourage reinsurers to raise rates, AIG’s Kean Driscoll said yesterday.

The Ursa Re 2019 issuance priced at the upper end of the California Earthquake Authority's expectations.

Pricing for the earthquake notes settled above the midpoints of the initial guidance.

The industry can put a much better and more accurate price on risk, according to Michael Butt.

The Kincade Fire in Sonoma County, the Simi Fire in Ventura County and the Getty Fire on the outskirts of Los Angeles are almost extinguished.

The significant pricing difference between the reinsurance and retrocession markets does not make a lot of sense, TigerRisk president Rob Bredahl said.

Rates fell back to their Q1 levels after experiencing an uplift in the second quarter of the year.

As more ILS managers look into setting up rated platforms, commentary from two of the latest firms considering this move highlights the variety of motivations that are driving the trend.

The lift in ILW pricing seen at mid-year has been unilateral across most products and was a further increase on the 2018 pricing correction following 2017 events, according to Aon.

Sidecar renewals have already begun kicking into gear with new potential sponsors and buoyant demand expected.

The major continental reinsurers are looking to continue strengthening their US positions in reaction to the 2019 price increases.