California Senate approves disaster insurance bill The legislation now passes to the state’s Assembly.
Scor Global P&C increases premiums 9.6% to EUR548mn at 1.4 Rates rose by almost 15 percent for cat programmes in the Japanese market, according to the French reinsurer.
Universal programme prices up 30% The increase gives an early indication that reinsurers may be able to secure significant increases at this year’s Floridian renewals.
ILS investors push for Florida re-alignment ILS managers are upping the pressure on Florida reinsurance buyers to change terms and conditions or retain more risk as 1 June renewal negotiations continue.
Modest uptick in ILS appetite for Japan renewals: Willis Re In the US April renewals, loss-impacted business rose by 5 to 20 percent.
