Rates

Regular ILS sponsors USAA and XL Catlin have topped up their cat bond cover in the first transactions completed after the 2017 hurricane losses, with pricing on the deals showing an increase in rates.

Swiss Re said it would proceed with a CHF1.0bn ($1bn) share buyback programme after taking $4.0bn of catastrophe claims in the first nine months of 2017

Soft market conditions may have set the scene for longer potential collateral lock-ups after hurricanes Harvey, Irma and Maria, but early negotiations on settlements are still likely, market observers said

The 2017 catastrophe losses may have come at a time when reinsurers' margins are suffering after years of rate cuts, but the industry's capital position is stronger than at any time since the 1970s, says JLT Re's global head of analytics David Flandro.

Reinsurance rates may shift at 1 January if a reasonable percentage of the ILS industry's $80bn capital is trapped, according to Rob Procter, CEO of Securis Investment Partners

The price of longevity swaps has dropped this year, partly due to reinsurers adjusting their rates to reflect the slowdown in life expectancy improvement, sources told Trading Risk

The cat bond market may hit a "speed bump" and slow down temporarily after recent hurricane losses while sponsors review their exposure, said GC Securities head of origination Cory Anger

Hurricane Maria has compounded fears about how much retro capital could be lost or trapped ahead of the 1 January renewal, when much of the roughly $15bn-$25bn market limit renews

The impact of hurricanes Harvey, Irma and Maria (HIM) means the ILS sector is in line for one of its more complicated 1 January renewals, despite the fact the market's share of losses will be much more contained than it might have been

The first week back at the desk after the reinsurance industry's annual Monte Carlo gathering can be a long and difficult slog for executives, having powered through dozens of half-hour meetings and evening receptions in sunny Monaco

Hannover Re ceded slightly more of its Cyclone Debbie losses to retro partners as a loss-free second quarter boosted group operating profits for the period by 17 percent year-on-year to EUR399.5mn

Alternative reinsurance growth; ILS rankings; Cyber loss potential; Egon loss estimates rise; Hannover Re fronting expansion; PIC reinsures £1bn longevity risk...