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TSR also forecasts 'above average' storm season

Another long-range forecast has predicted an active hurricane season in 2013 due to the unusually warm temperatures in the tropical Atlantic over the last several months

11 April 2013
Dutch flood pool would bring EUR4bn of demand for cat limit

Cat reinsurers are anticipating significant fresh demand from the placement of a giant EUR4bn cover by a proposed Dutch flood pool

10 April 2013
2013 expected to be above average for hurricanes

Cat bond investors have been warned to prepare for an active hurricane season, according to a brace of updated forecasts.

09 April 2013
Louisiana Citizens offers new $100mn Pelican Re cat bond

Louisiana Citizens Property Insurance has brought a new $100mn Pelican Re cat bond to market as the North Carolina wind pools' issuance Tar Heel Re closed at $500mn, Trading Risk understands.

05 April 2013
Lane: ILS market softening quickly

The cat bond market has softened rapidly in the first quarter of 2013 as average premiums or rates-on-line (RoL) have dropped by 3 percent, according to a new report from Lane Financial

05 April 2013
Alternative market increases presence on ICAT programme

Specialist US cat writer ICAT doubled its purchase of collateralised reinsurance capacity in this year's April renewal as it added a new shared limit aggregate cover to the programme, sister publication The Insurance Insider has reported

03 April 2013
Mississippi secures cheaper reinsurance as TWIA renewal held up

Mississippi's insurer of last resort paid about 5 percent less for its 2013 reinsurance programme as it topped up its cover by $25mn, sister publication The Insurance Insider reported.

03 April 2013
Cat bond pricing lows changed course of April renewals

The ILS market is offering its lowest reinsurance pricing on peak perils since 1992's Hurricane Andrew, said Aon Benfield in its report on the April renewals

03 April 2013
Perils’ European cat exposure rises

Total insured values for European property catastrophe business have risen by almost 2 percent over the last year, according to data company Perils.

02 April 2013
Willis Re says renewal crunch will come after April

About $35bn of new capital has flowed into the reinsurance market from a variety of sources, Willis Re estimated in its report on the April renewals.

02 April 2013

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