XL Catlin and AIG continue multi-line agg trend
Growing interest in multi-line aggregate covers translated into
fresh or expanded placements at 1 January by cedants such as XL
Catlin and AIG, The Insurance Insider can
reveal.
The strategy appears to be driven by multiple motivations,
including greater placement efficiency at a time when insurers'
margins are coming under increased pressure.
It also fits the narrative of carriers looking to reposition
their reinsurance protection to address earnings volatility after a
year in which many compan
Read more »