This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. While the mid-year reinsurance renewals are forecast to see further softening of between 5% and 10% as a base case, according to analysts at Evercore ISI, the team there asks whether subrogation potential…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Reinsurance sidecars have continued to gain in popularity and brokers have commented today on the expansion of this third-party investor supported segment of the insurance-linked securities (ILS) market, seeing it as one area…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The lawsuit filed by Porch Group against broker Gallagher Re regarding the Vesttoo reinsurance letter of credit (LOC) collateral fraud has been dismissed with prejudice by the Texas court. But Porch has said…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Aon’s Reinsurance Solutions division forecasts increased demand for property catastrophe reinsurance protection in the United States at the key mid-year renewal season, with additional limit of as much as $7.5 billion expected to…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. While the April 1st reinsurance renewal is a smaller affair for property catastrophe accounts in the United States, broker Gallagher Re reports a wide-range of pricing outcomes, dependent on loss experience, with risk-adjusted…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Howden Re has reported that risk-adjusted catastrophe excess-of-loss (XoL) reinsurance rates-on-line for Japan saw reductions of 10-15% at the April 1st 2025 reinsurance renewals, as pricing “eased from a high base” and sellers…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The April 1st 2025 reinsurance renewals are said to have seen a continuation of the gradual softening trend experienced at the start of the year, with reinsurance capital providers displaying strong appetites for…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. ICEYE, the provider of satellite data and services to inform decision-making and analysis, has unveiled its industry-first hurricane data impact solution that’s designed to provide insurers with near-instant visibility into wind and flood…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Equity analysts from investment bank J.P. Morgan came away from a recent visit to companies in the London insurance and reinsurance market with the impression that underwriters feel there is plenty of headroom…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Governing Board of the California Earthquake Authority (CEA) approved a revision to its guidelines for engaging in catastrophe bond risk transfer to the capital markets this week, while also noting a successful…