Cats News
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...
Cats News
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...
Cats News
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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Cats News
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”...
Cats News
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...
Cats News
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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Cats News
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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