S&P reverses approach to releasing prototype capital model as part of updated model RfC process

By on March 20, 2023   /   News   /   Leave a comment
S&P reverses approach to releasing prototype capital model as part of updated model RfC process
20th March 2023 On Tuesday 14th March S&P issued the following update to the Request for Comment (RfC) process around changes to its insurance capital model. For the background to the RfC’s current status see our recent blog here. “We have completed our review of the substantialRead more →
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Reinsurance Renewals Roundup January 2023

By on March 8, 2023   /   Market, News, Reinsurance   /   Leave a comment
Reinsurance Renewals Roundup January 2023

Wide range of 1/1 premium rate and volume outcomes suggests very different sentiment among the ‘Big Four’ Reported results highlight fundamental differences in risk appetite and actions to optimise current market conditions, which may reflect divergent levels of comfort with the renewing book Litmus Analysis’ Reinsurance Renewal

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S&P’s upcoming second Capital Model RfC: Litmus 5-step guide to how the process will work. UPDATE February 2023

By on February 22, 2023   /   News   /   Leave a comment
S&P’s upcoming second Capital Model RfC: Litmus 5-step guide to how the process will work. UPDATE February 2023
S&P’s upcoming second Capital Model RfC: Litmus 5-step guide to how the process will work. UPDATE 22nd February, 2023 Summary S&P’s Request for Comment (“RfC”) process on its capital model is now 14 months old.  It created a huge response for the agency and, for some elementsRead more →
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S&P’s proposed changes to its insurance capital model: the background, what happens next and how the agency handles rating decisions in the meantime

By on February 22, 2023   /   News   /   Leave a comment
S&P’s proposed changes to its insurance capital model: the background, what happens next and how the agency handles rating decisions in the meantime
S&P’s proposed changes to its insurance capital model: the background, what happens next and how the agency handles rating decisions in the meantime 22nd February 2023 Summary S&P launched a Request for Comment (“RfC”) on its insurance capital model in December 2021 The RfC received a hugeRead more →
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Litmus Research Highlights the Best and Worst Independent Cedants to Reinsure

By on October 17, 2022   /   Cedant, Loss Ratio, Market, News, Reinsurance, upcoming_event   /   Leave a comment
Litmus Research Highlights the Best and Worst Independent Cedants to Reinsure
Detailed study of Europe’s independent carriers identifies which cedants are best for reinsurers 17th October 2022 In a highly competitive European reinsurance market gaining fundamentally profitable new clients is one key to successful growth. Litmus’ research shows those can be found away from the better-known groups; asRead more →
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Hiding in plain sight: How a cedant’s reinsurance recovery risk can dramatically increase at exactly the worst moment.

By on September 9, 2022   /   News   /   Leave a comment
Hiding in plain sight: How a cedant’s reinsurance recovery risk can dramatically increase at exactly the worst moment.
Hiding in plain sight: How a cedant’s reinsurance recovery risk can dramatically increase at exactly the worst moment. 9th September 2022 For many cedants a well-structured reinsurance programme with well-rated reinsurers is both economically rational and central to their ability to focus on business-as-usual. Unfortunately, this worldRead more →
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Reinsurance Renewal Roundup Mid-year 2022

By on August 25, 2022   /   News   /   Leave a comment
Reinsurance Renewal Roundup Mid-year 2022

Litmus’ mid-year Reinsurer Renewal Roundup highlights diverging outcomes for the big 4 Continued price firming evident across the market Diverging outcomes for the big four reinsurers An examination of the P&C treaty renewals of the big four European reinsurance groups Lewis PhillipsConsultant Analyst With around 40% of

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Stress testing reinsurance carrier resilience to reserve shocks – how much of a hit can they withstand?

By on May 25, 2022   /   News   /   Leave a comment
Stress testing reinsurance carrier resilience to reserve shocks – how much of a hit can they withstand?
The credit profiles of 35 leading reinsurance carriers show significant overall resilience to major reserve shocks, but with some very big individual variances. 23 May 2022 1. Executive summary Litmus’ research suggests a significant overall resilience to major reserve stresses across 351 leading non-life reinsurance carriers. However, theRead more →
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S&P’s surprise second capital model RfC extension: how and when will the final outcome be deployed?

By on April 5, 2022   /   News   /   Leave a comment
S&P’s surprise second capital model RfC extension: how and when will the final outcome be deployed?
S&P’s surprise second capital model RfC extension: how and when will the final outcome be deployed? April 6th, 2022 Content summary S&P’s1 second RfC extension (to April 29th), and the sheer volume of questions S&P appears to be receiving, mean we are pushing our best guess timelineRead more →
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‘Big Four’ highlight continuing firming of P&C Reinsurance at January renewals

By on March 17, 2022   /   News   /   Leave a comment
‘Big Four’ highlight continuing firming of P&C Reinsurance at January renewals
Litmus Analysis’ Reinsurance Renewal Roundup - January 2022 An examination of the P&C treaty renewals of the big four European reinsurance groups Lewis PhillipsConsultant Analyst Lucy StupplesConsultant Analyst   Introduction and Executive Summary The big four European reinsurers (Hannover Re, Munich Re, SCOR and Swiss Re) togetherRead more →
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