News Home

Nephila considering follow-only Lloyd’s syndicate

It is understood the new syndicate would write following lines via quota shares or consortia.

Trading was brought forward this year and more cedants could head to bond market.

The sidecar’s loss ratio improved by 30 points year on year.

The result fell below the 10-year monthly average of an 0.11 percent gain.

Multiple carriers had to revise official terms to get programmes home as reinsurers held firm on price demands.

Reinsurers have held the line on pricing as cedants seek to close out deals, with the market showing further hardening.

Reinsurers push back on aggregate exposure from cascading covers as market gets more differentiated.

Two large ILS managers bucked the trend for alternative retractions, but traditional carriers recorded the fastest expansion.

Climate change and ILS strategies: reshaping the market's response

Reconstruction in the ILS market continues, with ongoing concerns about investor sentiment, capacity growth and the impact of retro rates