Achmea extends cat programme as storm losses rise

Dutch insurer Achmea has postponed the renewal of the bulk of its
cat reinsurance programme as losses from last year's storms
continue to mount, The Insurance Insider
understands.
The cover will now renew on 1 July, which will bring it into
line with a top layer excess policy that renews on the same date,
sources said.
It is understood that Achmea has taken advantage of a six-month
extension clause included in its existing reinsurance agreement,
which is believed to have...