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What is Retrocession? – It’s the term used to describe the secret payments made by asset managers to advisers or distributors.
These payments, which can be kickbacks, trailer fees, or finders fees, are not revealed to clients, even though their funds are used to cover the costs.
You can read more at my publish here:
What is Retrocession? - It's the term used to describe the secret payments made by asset managers to advisers or distributors. - Finsurlog
Blue Capital Re raises Q4 catastrophe loss estimate to $30m
Blue Capital Re raises Q4 catastrophe loss estimate to $30m
Blue Capital Reinsurance Holdings Ltd., the stock exchange listed, collateralized reinsurer owned by Sompo International Holdings Ltd., has announced a raised estimate for losses from Q4 2018 catastrophes, as well as further loss creep from hurricane Irma. (more…)
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Arch sees Q4 catastrophes costing up to $130m net of reinsurance
Arch sees Q4 catastrophes costing up to $130m net of reinsurance
Bermuda headquartered insurance and reinsurance firm Arch Capital Group has estimated that catastrophes during the fourth-quarter of 2018, including hurricane Michael and the California wildfires, will cost it up to $130 million net of reinsurance and retrocessional recoveries. (more…)
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Blue Capital Re expects $17m hurricane Michael & wildfire loss
Blue Capital Re expects $17m hurricane Michael & wildfire loss
Blue Capital Reinsurance Holdings Ltd., the stock exchange listed, collateralized reinsurer owned by Sompo International Holdings Ltd., has pre-announced its fourth-quarter 2018 catastrophe losses. (more…)
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Hannover Re cedes 40% or EUR 233m of major losses in Q3
Hannover Re cedes 40% or EUR 233m of major losses in Q3
German reinsurance giant Hannover Re benefited from its retrocessional protections in the third-quarter of 2018, ceding roughly 40% of its major loss impacts which amounted to just over $233 million during the period. (more…)
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Munich Re P&C reinsurance premium growth continues in Q3
Munich Re P&C reinsurance premium growth continues in Q3
Global reinsurance firm Munich Re has continued to expand its property and casualty reinsurance book significantly in the third-quarter of 2018, adding 22% in terms of premium volumes during the quarter as it continues to take advantage of better rates and new organic growth opportunities. (more…)
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Blue Capital Re forecasts stable pricing as it takes Q3 loss from cats & Irma
Blue Capital Re forecasts stable pricing as it takes Q3 loss from cats & Irma
Blue Capital Reinsurance Holdings Ltd., the stock exchange listed, collateralized reinsurer owned by Sompo International Holdings Ltd., has reported a loss for the third-quarter of 2018 but forecasts a more stable market pricing environment ahead. (more…)
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