It's a further signal that ILS and reinsurance markets are finding more commercial approaches to deal with trapped collateral challenges
Retro buyers "commercial" on rolling trapped collateral | | | Some retro buyers more "commercial" on rolling trapped collateral at renewals: Gallagher Re The supply-demand balance for global non-marine retrocession continued to tilt in buyers' favour, as cedants were presented with opportunities to expand their retro purchases at the mid-year reinsurance renewals and some market participants took a commercial view on collateral trapping, according to Gallagher Re. Given the long-standing relationships buyers often have with retrocessionaires, it makes sense to take a commercial view on trapping. Being pragmatic, about the need to trap versus rolling collateral, can result in more benefits and stronger relationships over the long-run. Read the full story. Other articles: | | | | | Please share this with colleagues and friends if you think they would like to receive it. If you've been forwarded this but want to subscribe, visit Artemis. | | | | | You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here . © Steve Evans Ltd. - Artemis.bm | | | |
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