The Mexican storm prolonged years of a hard cat market in the LatAm reinsurance sector, which had seen double-digit rate increases that intensified to 30%-50% hikes across the Caribbean shortly after ...
the availability and cost of reinsurance, our modeling data used to evaluate and manage risks of catastrophes and severe weather events, the value of our investment portfolios and credit risk with ...
was ceded to the retroactive reinsurance treaty for A&E reserves (A&E ADC) and recognized as a deferred gain on retroactive reinsurance, which exhausts the treaty limit. This compares to a charge ...
Many of the key reinsurance treaties exposed to the LA ... carrier State Farm is likely to have a high retention on its treaty and has cut back its exposure in impacted areas in recent years, ...
With nearly four decades of reinsurance broking experience to his name, Dan Bailey (pictured), partner, treaty reinsurance at McGill and Partners, has seen the reinsurance market at every point in ...
US primary insurer Travelers has raised the retention limit of its catastrophe excess-of-loss (XoL) reinsurance treaty for 2025 by $500 million. The 2025 treaty, which covers the accumulation of ...
US primary insurance company Travelers has further increased the amount of protection it receives under its occurrence catastrophe excess-of-loss (XoL) reinsurance treaty to $3.675 billion at the ...
A consumer lobby group is calling for a funding restructure of the federal government's cyclone reinsurance pool, which was established in 2022 to lower premiums in Australia's north. Living in ...
Withdrawal from the Paris climate treaty; A government order restoring freedom of speech and preventing censorship of free speech and ending “weaponisation of government". Further, the first ...
President Donald Trump signed actions on the first day of his second term to pull the United States out of the Paris Agreement, an international climate change treaty in which nearly 200 countries ...
Ryan Chan is a Newsweek reporter based in Hong Kong, where he previously had over a decade of experience at a local newspaper, covering China and current events around the world. His focus is on ...