Excess of loss reinsurance provides protection once losses exceed a specified retention, allowing cedants to cap their exposure to large individual or aggregated events. It is widely used for catastrophe, liability, and specialty portfolios, where tail risks could otherwise threaten solvency or earnings stability. Structuring layers, attachments, and reinstatements requires detailed modelling of loss distributions and catastrophe scenarios, with purchasing decisions influenced by reinsurance market capacity, pricing cycles, and capital considerations.
Less than a year after launch, the binding authority gets a major boost
174 Covid event claims across seven jurisdictions hung in the balance
The club looks ready to weather soaring claims inflation and hardening reinsurance
Irish firm secures long-term coverage with major partner
AIG, Chubb, Lloyd’s syndicates, Swiss Re, Fidelis, Liberty Mutual and Lancashire all hit by new decision
