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BMS Briefing

Flooded HouseWelcome to BMS Briefing, our newsletter for clients. In this issue we focus on the challenges for insurers and reinsurers in the property catastrophe market.

The last 18 months has proved relatively uneventful from a catastrophe perspective, though flooding in the UK was a salutary reminder of how fast the mood can change. The absence of significant events has given insurers the opportunity to repair balance sheets, but has also seen premium income start to tail off again as rates fall following the return of capacity to most parts of the market.

Against this backdrop, we have been working with clients and markets to put together deals which make the most of the current conditions and go some way towards ‘plugging the gaps’ where capacity has yet to return.

We hope you find our views and analysis interesting and look forward to your thoughts and comments.

Hugo Crawley

Contents

butterfly small  Fac breathes new life into catastrophe cover
New approach helps solve exposure overload
arrow small  Involuntary assessment angst
Cover gets thumbs up from insurers
flooding small  What's next for catastrophe modelling
Companies need to get more proactive
claims small  Focus on claims
Reinsurers get more actively involved
sign small Opportunity knocks
A tale of two markets: 01 and 06 
sidecar small  Modern ART
Innovation is constant, but how much really changes?

Contacts