HVRRY News and Press, Hannover Rueckversicherung SE ADR From 01/10/20

Australian primary insurance giant Suncorp (SNMCY) is the latest to provide an update on its losses from the ongoing bushfire disaster in the country, saying that it currently counts losses of up to $345 million but notes that it has drop-down and aggregate reinsurance that could come into pla...

The January 1st, 2020, reinsurance renewal saw markets diverge, leading to wide variances in pricing and capacity across geographies and lines, while judicious reinsurers applied greater importance on relationships. As a result, the January renewal season concluded later than in recent years...

Global reinsurance market conditions are said to be improving by rating agency A.M. Best, which maintains a stable outlook on the sector, but sees traditional reinsurance capital becoming increasingly dependent on third-party sources of capacity and ILS. Insurance-linked securities ((ILS)) a...

Major reinsurance firms are unimpressed with the way rates have responded to recent catastrophe loss years so far, but with another set of losses in Japan they hope for the frustrations to give way to more positive pricing momentum in 2020. Speaking at S&P Global Ratings 2019 Bermuda Rei...

U.S. specialty insurance group Assurant ([[AIZ]]) has said that it is expecting hurricane Dorian to drive the bulk of an expected $46 million of pre-tax and after reinsurance catastrophe losses for the third quarter of 2019. Assurant said on Wednesday that hurricane Dorian is expected to dri...

Reinsurance pricing momentum through renewals in 2020 is expected to range between flat to moderately rising, according to findings from Moody's Investors Service. Respondents to Moody's reinsurance buyers survey said that they anticipate a flat-to-firming market at the next renewals in 2020...

While insurance resilience against catastrophes, mortality and healthcare related risks has been rising, a record sized protection gap remains, according to insight from global reinsurance firm Swiss Re (SSREF) (SSREY). The reinsurer believes the global economy now actually has less capacity...

Mergers and acquisitions (M&A) activity is expected to continue driving greater convergence of traditional insurance and reinsurance with the insurance-linked securities (ILS) market, S&P Global Ratings expects. With conditions in reinsurance in general remaining a little pressured, ...

Only 5 of the 33 insurance-linked securities ((ILS)) funds tracked by ILS Advisers reported positive returns in May 2019, as catastrophe loss creep and cat bond price pressure dented sector returns, resulting in the Index falling to a negative -1.13% for the month. That's the lowest monthly ...

Alternative capital in the reinsurance market shrank by around 4% during the first quarter of 2019, largely driven by the payment of losses in the collateralized reinsurance space as well as some investor redemptions, according to Aon. It's the first period where alternative capital deployed...