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Post-Irma creep will not lead to model changes

The reported estimates from insurers have increased by up to 140 percent since Q3 2017.

Gutterman joins Shah’s Ledger Investing

The new recruit has managed insurance-focussed investment portfolios for over a decade.

Descartes targets ILS funds to hit EUR100mn premiums

The MGA is aiming for more than EUR10mn of premiums for the first underwriting year.

CEA buys $8.13bn of reinsurance limit for 2018

This was a record high for the carrier, which bought $7.13bn of cover in 2017.

• Adverse development to drive Florida renewals up 5-15%: Expert
• ICA: Townsville claims reach A$1.04bn ($558mn)
• Blanc named reinsurance CEO at Scor
• Flood warnings remain in Nebraska and Iowa
• Fema returns with $300mn FloodSmart Re cat bond
• Floir puts Michael claims at $6.1bn

Opinion

Is the ILS market flying further from its Miami roots?

Bad data can hamstring the output even from well-developed hurricane models

Up next – a cyber cat bond?

Having a common voice – or making competing ones heard – will create a tide of opinion that boosts all boats

Analysis

Florida under review: ‘social inflation’ fears drive repricing demands

The impact of Hurricane Irma loss creep is coming to the fore ahead of the June renewals.

Florida lawmakers tackle AOB reform

Both houses of the state legislature are eyeing up reform of attorney fees involved in litigated insurance claims.

Irma creep continues as Floridians bounce back from Michael

Q4 loss creep from Hurricane Irma averaged 25 percent amongst the state’s five listed insurers.

Japanese ILW rates up ahead of April renewal

New aggregate demand from Japanese cedants may also present opportunities for ILS markets.

Supplements

Investor Guide to ILS: H1 2019

The past two years challenged the catastrophe (re)insurance market more than any period since the Hurricane Katrina era in 2004-2005 – but it is far from clear what the outcome will be this time around.

Monte Carlo Roundtable 2018

What’s in a promise to pay? That was one of the questions that was circulating at this year’s Monte Carlo Rendez-Vous.