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
IAG has entered into five-year reinsurance agreements with Berkshire Hathaway and Canada Life, along with securing adverse development cover from Enstar Group
Representing over 140 member companies globally, including insurers, brokers, and reinsurers, Supercede’s platform automates the reinsurance process, enhancing risk management, coverage, and pricing outcomes
The agency cites the robust profit margins along with higher attachment points and tighter terms and conditions that followed a period of drastic repricing.
Reinsurance Group of America (RGA) has reached an agreement with Tokio Marine & Nichido Life Insurance (Anshin Life) to reinsure approximately US$638 million paid-up block of whole life policies through coinsurance.
With a value of US$13.75 million, the bond aims to provide the firm with incremental retrocession protection.
Aspen will be the sole cedant to Pando Re and Pimco will be the investment manager.
