XL Catlin said it had upped the amount of retrocessional support it draws on from third-party capital providers to more than $3bn, after placing more than $500mn of new catastrophe limit for 2018.
Hannover Re's worldwide treaty reinsurance portfolio grew by 35 percent to EUR1.129bn ($1.4bn) in the 1 January renewals, led by growth in its proportional book after signing a new quota share with IAG.
Everest Re made an underwriting profit in the fourth quarter as it benefited from a $102.7mn reduction in catastrophe losses recorded in the third quarter.