BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Retro rates rise up to 30% across cat loss affected accounts


James Kent, global chief executive at reinsurance broker U.S.-based Willis Re Inc. said that rates in the retrocession market increased up to 15% across loss-free catastrophe accounts and up to 30% across loss-affected accounts at the Jan. 1 reinsurance renewals, reports. Mr. Kent said that the underlying retrocession and reinsurance pricing remained mismatched. Most insurance-linked securities' players replenished lost and trapped collateral and a number of traditional reinsurers returned to the retro space which dampened the potential for price rises at the renewals, he added.

Read more.