The solution aims to target commercial and industrial property risks across Mexico, Central and South America, and the Caribbean
This comes from the 19 non-life reinsurers that Fitch monitors, and suggests that underwriting results should remain favourable into 2025 as pricing is generally adequate
The coverage includes the issuance of US$163 million of insurance-linked notes and US$41 million of direct reinsurance
Global reinsurance market reset to de-risk portfolios, realign carrier relationships, and improve pricing led to strong technical results in 2023, according to AM Best
Pool Re can now use Clearwater’s single instance, multi-tenant platform to streamline and modernise its finance and investment processes
The main catastrophe programme covers the home, motor, and commercial property portfolios across Australia and New Zealand
The programme will be led by the same tier-one carriers as the expiring treaty, which is in effect for a standard 12-month term and oversubscribed on all dimensions
