Debevoise & Plimpton’s Post

Aon’s Schultz: no stopping cat bonds, missing out ‘negligent’. Cat bonds have long sported what reinsurers have sought most from the hard market. https://ow.ly/5oiS50Plqkf #insurance #reinsurance #hardmarket #property #bonds #ils

Important updates from a much better 2024 reinsurance renewal cycle: "Capacity generally ranged from adequate to ample for completion of programs across classes (where price and structure thresholds were met), including where additional demand materialized" The good news is capacity is generally expanding, which bodes well for the Property Insurance marketplace in particular. See full article here: https://lnkd.in/e6eEAT3X

Lloyd's’s warns on casualty reinsurance renewals: it’s the reset for 2024. Casualty has ‘not yet demonstrated the same zeal for rate adequacy’ as seen in property. https://ow.ly/4CyA50PNNiU #insurance #reinsurance #renewals #casualty #property #casualty

Canada’s primary property and casualty insurers expect the upcoming Jan. 1, 2024, reinsurance renewal season to be more ‘orderly’ and ‘stable’ than at the same time last year.

MGA Redline gets Lloyd's Coverholder status; seeks to transform reinsurance. The MGA aims to ‘redefine and elevate’ the standards of reinsurance underwriting. https://ow.ly/7ZgC50PPCsc #insurance #reinsurance #mgaredline #coverholder #underwriting

Rocky property CAT renewals stress insurer, reinsurer tug-of-war: "Many insurers experienced increases of +50% on 1/1 treaties and took higher retentions, along with further restrictions on coverage." Read more at PropertyCasualty360: https://buff.ly/3PQ6ged Federato's P&C clients are achieving superior results at the reinsurance negotiation table through a technology-driven 'RiskOps' approach to portfolio optimization that allows them to "show not tell" how they will perform against the plans they put forward to their #reinsurance partners. #underwriting #insurtech #insuranceinsights

Shevawn Barder, CEO of AM Specialty Insurance Company, recently sat down with Reinsurance News during RVS 2023 in Monte Carlo to share her thoughts on the industry's future. To read the interview and gain insight into the the significance of retentions, ASIC’s strategic positioning, and what to expect in 2024, check out the full article here. 🔗 https://lnkd.in/gvduFrTk #Reinsurance #IndustryInsights #FutureOfInsurance

Our mastery of Property and casualty reinsurance empowers us to craft personalized financial insurance solutions. Our clients’ path to success stays uninterrupted, even in the face of property or casualty losses. 🛡️🚀 #FinancialResilience #InsuranceSolutions

The framework of this deal will benefit the U.S. market and be a guiding example of how efficient the London ILS structure can be with regards to market placement. Kudos to Beazley for leading this game changer.