2044

Chartis obtains $575m cat reinsurance

Deal is more than double protection originally sought

1976

Cat XL is cost-effective for all but the most extreme mortality risks

Under Solvency II the biggest cat capital charges are attracted by pandemic and terrorism risks. Anny Sun explains how more precise modelling of these is developing and why catastrophe excess-of-loss cover remains cost effective in mitigating extreme mortality events (except for pandemics).

1944

NAIC passes landmark model reinsurance law

Will allow reduction in collateral requirements for non-US reinsurers

1871

CEA opposes US tax on foreign re/insurers

European federation and US industry groups dispute effects of Neal bill

1853

Lloyd's wins reduced collateral in Florida

Decision follows earlier New York decision

1701

Reinsurer capital remains strong as challenges mount

Uncertainty ahead of next year's renewals, Guy Carpenter reports

1699

Reinsurance rates to rise after "exceptional year"

Asset management can't offset bad underwriting results, says Swiss Re executive

1694

Reinsurers' capital weathers cat losses

Financial strength largely unchanged, says Aon Benfield

1690

Reinsurers ready to move

After lukewarm investor interest, says AM Best

1681

FCA regulation is inappropriate, say BIBA and IIB

Broker associations want the new authority to take a fresh look at regime