Shareholders’ equity in 34 reinsurance companies tracked in the Willis Reinsurance Index totalled $364.9 billion, a 1.6% decrease from $371 billion at year-end 2017. The decrease occurred despite an improvement in net income of nearly 75% to $14.5 billion, largely due to lower natural catastrophe losses which supported a reduced combined ratio of 94.3%, 0.7… Continue reading Underlying Return on Equity Deteriorates at H1 2018: Willis Re Reinsurance Market Report
Tag: reinsurance
TransRe Secures Exclusive Renewal Rights, Adds U.S. Treaty Team from Maiden Re
TransRe has acquired the exclusive renewal quotation rights to all of Maiden Re’s U.S. treaty customers from their diversified business (which does not include reinsurance assumed from AmTrust) and has hired the U.S. treaty team from Maiden Re. TransRe will immediately offer renewal quotations on this treaty book of business, which is focused on regional… Continue reading TransRe Secures Exclusive Renewal Rights, Adds U.S. Treaty Team from Maiden Re
ILS Investor Appetite Uninhibited by Recent Losses: Swiss Re
Global reinsurance giant Swiss Re has noted the continued and increased appetite of insurance-linked securities (ILS) investors to allocate capital to the sector, despite recent losses and potential ongoing loss development from 2017’s catastrophe events. The Switzerland-based reinsurer’s Capital Markets unit has released its H1 2018 ILS report, which, explores issuance in the first-half of… Continue reading ILS Investor Appetite Uninhibited by Recent Losses: Swiss Re