Monday, May 13, 2024
Monday, May 13, 2024
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Tag: Reinsurance renewals news

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At $2.1bn, cat bonds might be TWIA’s largest supply of funding for 2024

For 2024, the funding tower of residual market insurer the Texas Windstorm Insurance Association (TWIA) will see disaster bonds as its largest part, offering...

TWIA reinsurance renewal proceeds at tempo. $750m placed, plus $1.4bn cat bond

With the Texas Windstorm Insurance Association (TWIA) requiring its largest reinsurance buy on-record given its important publicity progress, the residual market insurer is making...

Heritage lifts southeast reinsurance tower to $1.3bn, cat bonds help

Heritage Insurance Holdings, Inc. has now finalised its disaster excess-of-loss reinsurance renewal for the approaching 12 months and the highest of its reinsurance tower...
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US cat sees “materials softening” in minimal rates-on-line: Gallagher Re

Catastrophe reinsurance pricing for packages within the United States is seeing “material softening” in minimal rates-on-line, dealer Gallagher Re has mentioned, as reinsurers “abandon”...

Improved Florida cat reinsurance renewal conditions expected for June 1: MMC CEO

Early signs suggest that the Florida catastrophe reinsurance renewals at June 1st 2024 will see improved conditions for cedents, as capital has flowed in...

Aon: Dramatic property cat shift at renewals. ILS capital at new $108bn excessive

Broking large Aon has famous a consumers marketplace for property disaster reinsurance on the April renewals, with flat to barely down pricing and an...
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Property cat pricing energy might fall 5% to 10% at mid-year: AIFA convention

According to a report from analysts at BMO Capital Markets, a outstanding reinsurance broking government from Howden Tiger stated that property disaster pricing energy...
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