This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Earlier this year we reported that global reinsurance company Hannover Re was assessing its risk management need in relation to its K-Cessions quota share sidecar for the second year running, with a potential reduction to be expected and…

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The California Earthquake Authority (CEA) elected to not renew some $648.5 million of traditional reinsurance that expired at July 31st 2024, resulting in its reinsurance and risk transfer program shrinking by 7% to $8.5 billion. That’s based on…

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. At the upcoming January 2025 reinsurance renewals, Munich Re is anticipating a relatively flat rate environment for property catastrophe contracts, but with conversations expected in loss affected areas such as the US and Europe, its CFO explained today….

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Hiscox is expecting property catastrophe reinsurance to remain a “very attractive” market in 2025, according to group CFO Paul Cooper, who speaking this morning said the firm expects to continue incrementally deploying capital to that space. Within the…

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. AIG CEO Peter Zaffino explained today that he anticipates property catastrophe reinsurance renewals at January 1st 2025 will be disciplined, but he is not expecting reinsurers to lower attachment points for insurers. Speaking during the AIG third-quarter earnings…

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Everest Group’s CEO Juan Andrade said yesterday that his company is anticipating a firming of property catastrophe reinsurance rates in North America and Europe at the 1/1 January 2025 renewals, given the recent catastrophe loss activity experiences. In…

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Welcome to Artemis’ 2024 Monte Carlo Rendezvous Executive Roundtable, in which nine expert speakers from across the insurance-linked securities (ILS) space discussed the sustainability of current market conditions and returns, investor sentiment, potential growth areas, and more. In…