Rates
-
Pricing for quake exposures is understood to be broadly flat. -
Pricing has moved to the top of the guidance range, sources said.
-
John Seo noted the diversification benefits ILS offers in tumultuous times as cat bond segment avoids spillover from market turmoil.
-
The carrier is pushing for “payback across portfolios”, Scor’s global P&C CEO Jean-Paul Conoscente said.
-
The carrier said it has already secured two-thirds of the private reinsurance limit it will place this year.
-
Pricing on the new cat bond moved to the top end of guidance.
-
The firm will consider writing more retro after raising $300mn new equity.
-
The Don Kramer-backed fund's Bermuda reinsurer Prospero Re has been given an A rating.
-
Kevin O’Donnell said that several domestic insurers in Florida are now close to exhausting their 2017 treaties.
-
Pricing slipped to the lower ends of the guidance ranges as the reinsurer upsized a hurricane tranche of the trade, sources said.
-
CEO Mike Sapnar said losses in the last two years have wiped out premiums.
-
Pricing dropped 6 percent from the midpoint of the initial range to reach 9.75 percent.
