-
Reinsurers continued to diversify into primary and specialty business. -
The CEA has $326.4mn towards risk transfer, 44% below budget.
-
Everest losses ceded to Mt Logan grew by 63% to $26mn.
-
The CEO cited ‘no change’ in appetite from a shift in the capital mix.
-
Allocators are waiting for 2024 to pan out, according to Hiscox CEO Aki Hussain.
-
Fee income at the Re & ILS division grew by 58% to $44.3mn in H1.
-
The insurer said once firms give up lower attachments or aggregates they “simply do not get them back”.
-
-
In 2023, Berkshire provided around $1bn in capacity to the Floridian insurer.
-
The carrier purchased an additional $150mn of cover.
-
The firm said the move would let it build a multi-vehicle capital management platform.
-
The backing represents a rare move from a collateralized reinsurer to take on risk in the legacy space.
