Property cat reinsurance rates-on-line down 5% at June renewals: Howden Re

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. According to Howden Re, the reinsurance broking arm of Howden, property catastrophe reinsurance rates-on-line fell by 5% at the June 1st renewals, with pressure greatest at the upper-layers of towers. Across the market,…

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This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Take up rates for parametric risk transfer, insurance and reinsurance solutions have grown “dramatically” over the last year, according to broker Aon. In particular, Aon highlights a rapid shift in both insurance market…

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This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The government of Puerto Rico is seeking $75 million in parametric insurance protection against the financial impacts of named storms and earthquakes from the capital markets, through a new Puerto Rico Parametric Re…

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This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. With catastrophe reinsurance pricing expected to be largely flat to slightly down at the upcoming June 1st reinsurance renewals and little change expected to terms and attachments, analysts from KBW said the industry…

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This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. NormanMax Insurance Holdings, the US based parametric insurance and reinsurance group launched by former Universal founder and CEO and parametric MGA New Paradigm co-founder, Bradley Meier, has now been approved for and launched…

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This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. When global reinsurance firm Swiss Re announced its first-quarter results last week, the company also notified shareholders and markets that it intends to withdraw from its iptiQ business, a tech-focused initiative that effectively…

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