Published: Wed 3 May 2023

UK’s high-rise reinsurance pool plans to be published by the summer

The UK insurance industry will soon unveil final plans for a sector-wide (re)insurance pooling scheme to help address a capacity shortfall and spike in premiums for residents of high-rise buildings in the wake of the Grenfell Tower fire.

Insurance

Rates

Regulation

Published: Wed 3 May 2023

Aon: Shared and layered leads softening as US property rates fall by 0.94% in Q2

Rate decreases among cyber insurers are not sustainable: Gallagher Specialty

Fitch expects reinsurers to push for double-digit US casualty rate hikes at 1.1

UK’s high-rise reinsurance pool plans to be published by the summer

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

Andy Stone

Sales manager

Related articles:

Aon: Shared and layered leads softening as US property rates fall by 0.94% in Q2

Rate decreases among cyber insurers are not sustainable: Gallagher Specialty

Fitch expects reinsurers to push for double-digit US casualty rate hikes at 1.1

Gallagher Re’s Vickers: Reinsurers to face excess capital conundrum if growth objectives can’t be met

Comment: WTW provides another data point showing US rate increase deceleration

MC talks peg cat XoL down ~5% at 1.1 with reinsurers broadly firm on structures: Citi and KBW

Read more:

Tredder gets Tokio Marine HCC capacity for adventure vehicle mod program

Lomas hails market progress on bettering culture as Dive In marks 10th year

Major hurricane threat emerging for NE US Gulf Coast later this week

Casualty panel warns on PFAS risk amid potential for $80bn of US litigation

Rokstone extends property D&F facility capacity deal with Allianz

US insurance composite rose 1.2 percent last week as Wall Street welcomed Fed rate cut