Reinsurance
Modelers, Industry Going to Bat for Massachusetts Cat Pool
May/01/2013 10:49 AM
Reinsurers Showing “Modest” Sandy Bounce... Modestly: Fitch
Mar/19/2013 03:01 PM
Louisiana Ups Private Reinsurance Buy, Mulls Second Cat Bond
Mar/18/2013 09:50 AM
Australia’s Third 2013 Catastrophe Tests Insurers, Flood Models
Jan/28/2013 12:01 AM
Florida Makes Another Push for Private Reinsurance Market
Jan/17/2013 10:41 AM
Sandy Politics Trumps Reinsurance Catastrophe Models
Dec/31/2012 08:30 AM
A Willis Re report says cat models can’t measure political will following a disaster. Read More...
Swiss Re’s $12 Billion Longevity Question
Dec/10/2012 11:51 AM
The reinsurer will be happy to hold onto the longevity risk with the hopes of building investor appetite to eventually offload the risk. Read More...
Reinsurance Drumbeat Intensifies as China Readies Catastrophe Plan
Nov/27/2012 04:45 PM
Lloyds has joined the industry in pointing out that China needs private market reinsurance. Read More...
Swiss Re, AIR Join Chorus of Sandy “Uncertainty”
Nov/26/2012 10:44 AM
Reinsurers, Insurers Face “Highly Uncertain” Sandy Loss Estimates: Fitch
Nov/09/2012 09:20 AM
Hurricane Sandy U.S. Insured Losses Hinge On Storm’s Size, Slowness
Oct/27/2012 09:00 AM
Commercial Market Shifting Focus Toward Catastrophe Risk: Swiss Re
Oct/17/2012 02:50 PM
Lower Catastrophes Offer Insurers Third Quarter “Meh,” Reinsurers “Bleh”
Oct/15/2012 06:07 AM
Moderate catastrophe losses will work in favor of the property/casualty industry’s third quarter, by analysts can’t find a long-term growth driver.
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New Zealand Greens Push “Earthquake Bonds” to Rebuild Disaster Fund
Oct/08/2012 08:42 AM
Post event bonds would rebuild the disaster fund and the economy, the Green Party argues.
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Validus Gets Nod for “Underappreciated” Sidecar, Joint Venture
Sep/27/2012 04:32 PM
Odyssey Re Breaks New Ground With Million Dollar Romney Donation
Sep/26/2012 04:59 PM
U.S. Flood Insurance Unsustainable: Swiss Re
Sep/06/2012 03:45 PM
Already a financial basket case, the U.S. flood insurance program is facing thousands of new claims. Read More...
Democrat, GOP Platform Catastrophe Focus Limited to Crop Cover
Sep/04/2012 09:27 AM
Isaac Bouncing Off Private Market and Cat Bonds, Landing on NFIP
Aug/29/2012 02:52 PM
CEA New Wants $100M Reinsurance Contract to Act Like a Cat Bond
Aug/28/2012 02:00 PM
The California Earthquake Authority is looking to the proposal as a “first” for its reinsurance program. Read More...
Catastrophe Bonds Remain “Niche” Unless New Perils Emerge, Costs Fall
Aug/28/2012 08:29 AM
While alternative reinsurance may never dominate, it can grow at a sustainable pace, Fitch says.
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Italy at Most Risk of Quake, but Least Prepared to Pay for It
Aug/27/2012 11:32 AM
A new Swiss Re report paints a stark portrait for the Italian state’s post disaster financing future.
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Crop Insurance Grows All Weather Profits Despite Drought
Aug/22/2012 03:18 PM
Joplin Tornado Sparks New Reinsurance Requirement
Aug/22/2012 10:57 AM
Catastrophe Modelers Historic Loss Estimates Flawed: Clark
Aug/21/2012 10:23 AM
Under Clark’s assumptions, 13 historic hurricanes would cause over $10 billion in losses today. Read More...
Investors Juggle Axis, Flagstone and XL Stakes in Second Quarter
Aug/15/2012 09:15 AM
Ohio Storm Losses Reach Historic Levels at $400 Million
Aug/14/2012 08:02 AM
Catastrophe Bonds Not “Immune” to Euro Breakup: Aon
Jul/25/2012 02:57 PM
Crop Insurers Shaded From Drought Losses: Fitch
Jul/18/2012 04:00 PM
Japan Continues to Bear the Brunt of Catastrophe Price Spike: Marsh
Jul/17/2012 04:56 PM
Colorado Wildfire Losses Hit $449.7M; Waldo Blaze Sets New Record
Jul/17/2012 11:03 AM
CEA Cat Bond, Collateralized Reinsurance Push Gains Steam
Jul/17/2012 09:58 AM
Staff at the California Earthquake Authority are putting a major emphasis on alternatives.
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U.S. Dominates First Half 2012 Catastrophe Losses
Jul/13/2012 08:43 AM
A vast majority of the $12 billion in insured losses are tied to severe storms in the U.S.
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Reinsurers’ Plentiful Frustration With New Capital
Jul/12/2012 09:23 AM
Earthquake Triggered Mexico Catastrophe Bond, Until It Didn’t
Jul/11/2012 11:54 AM
China June Disaster Costs Hit $350 Billion While U.S. Tallies Wildfire Losses: Aon
Jul/10/2012 09:39 AM
U.S. State Catastrophe Pools Reaching Record $900 Billion Loss Exposure
Jul/09/2012 02:06 PM
NFIP Privatization Faces Flood of Modeling, Mapping, Financial Hurdles
Jul/02/2012 01:19 PM
Despite promises of a “study,” the private market is far from prepared to cover U.S. flood. Read More...
Colorado Storm Losses Pegged at $320 Million While Wildfires Still Burn
Jun/26/2012 04:40 PM
NFIP Ready for Five Year Renewal, But Without Major Reforms
Jun/21/2012 09:22 AM
Alterra Fuels Sidecar, Puts Berger in Rear View
Jun/20/2012 03:36 PM
Alterra renews a catastrophe sidecar just as a rating agency gets “comfortable” with new management. Read More...
Australian Quake Unlikely to Reach Major Losses
Jun/20/2012 08:16 AM
Private Market Balks at U.S. Crop Insurance/Reinsurance Changes
Jun/19/2012 07:42 AM
Florida’s Biggest Homeowners Carrier Ups Reinsurance Over $100 Million
Jun/14/2012 01:57 PM
The state’s biggest private carrier increased its private contracts across the board. Read More...
Lancashire Seeks Accordion Encore Performance
Jun/11/2012 10:07 AM
The side car moved quickly to take advantage of the 2011 market and now is ready to race again. Read More...
U.S. P/C Industry Runs Out of Reserve Runway In 2013
Jun/07/2012 07:46 AM
Insurance-Linked Securities Flourish as Reinsurance “Light”
Jun/07/2012 06:32 AM
Florida Catastrophe Renewals Getting Custom Treatment: Guy Carpenter
Jun/06/2012 10:08 AM
Caribbean Catastrophe Fund Renews, Offers Rebate and Rainfall Policy
Jun/05/2012 05:51 PM
The CCRIF is giving back to its members, which will hopefully take-up the new rainfall cover. Read More...
Catastrophe Retro is Getting “Very Expensive”: JPMorgan
Jun/05/2012 09:22 AM
Endurance Joins Florida Low Collateral Reinsurance Rush
Jun/04/2012 03:30 PM
Endurance is the 19th foreign reinsurer to take advantage of the low collateral rules. Read More...
Validus Renews $70M AlphaCat for Florida Risks
Jun/01/2012 03:54 PM
The sidecar is the second vehicle to announce at the start of the 2012 hurricane season.
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Renaissance Re Hops Back Into Sidecar, Soaks-Up Florida Catastrophes
Jun/01/2012 10:54 AM
U.S. P/C Capital “Solid” for Hurricane Season, But Reserves Diminishing: S&P
May/30/2012 02:37 PM
The industry can take a catastrophe hit, but the reserve lifeline is running out for commercial lines. Read More...
Munich Re Keeps Rating Despite Catastrophe Drag
May/25/2012 03:22 PM
Private Market, Florida Cat Fund Can Take Tepid Hurricane Season: Fitch
May/24/2012 04:57 PM
Fitch says enough underwriting capacity exists for a mild tropical storm season. Read More...
Validus Re CEO Resigns In Management Shake Up
May/22/2012 01:03 AM
The Unbearable Lightness of Reinsurance ROE
Apr/11/2012 12:39 PM
While capital may be stable, reinsurers continue to lose long-term profit ground. Read More...
U.S. Cat Exposed Areas See Double-Digit Q1 Rate Increases: Marsh
Apr/10/2012 01:03 PM
Reinsurers’ Microinsurance “Reluctance” Changing
Apr/10/2012 10:21 AM
A Munich Re report says that reinsurers are finding ways to make microinsurance profitable.
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Thailand No Longer ‘Catastrophe Remote’: S&P
Feb/29/2012 02:48 PM
Texas Windstorm Pool Looks for an Overhaul
Feb/21/2012 09:05 AM
U.S. Reinsurance Prices Jump at January Renwals
Jan/11/2012 11:12 AM
The U.S. avoided a large hurricane and earthquake, but could not avoid price increases. Read More...
Third Point Re Scores A- from A.M. Best
Jan/09/2012 02:14 PM
Risk Transfer, Insurers Failing in Climate Change: UN
Nov/18/2011 10:45 AM
Allstate, State Farm Renew Push for Federal Cat Reinsurance Program
Nov/17/2011 03:17 PM
ProtectingAmerica.org is pushing ahead once again for a national catastrophe fund. Read More...
NZ Quake Commission Faces NZD7 Billion Payout, Reinsurance Terms Cut
Nov/17/2011 09:56 AM
New Zealand’s earthquake backstop is coming to terms with a more expensive catastrophe market. Read More...
Regulators to Target Reinsurance Catastrophe Concentration
Nov/15/2011 10:32 AM
International regulators are concerned that reinsurers are underestimating catastrophe risk. Read More...
Australia Commission Pushes Flood Reinsurance Pool
Nov/14/2011 03:50 PM
Hedge Fund’s Flagstone Re Stake Increases
Oct/21/2011 03:32 PM
Rising Rates Not Enough to Offset Catastrophes
Oct/21/2011 02:07 PM
Activist Fund Loads Up on Flagstone Shares
Sep/12/2011 10:35 AM
CEA Upping Risk Transfer With Focus On Embarcadero
Sep/06/2011 08:41 AM
The earthquake facility will turn away from traditional reinsurance in favor of the capital markets in 2012. Read More...
Reinsurance ROE Risks Capital Markets Support: S&P
Sep/05/2011 11:12 PM
Wind vs. Water vs. Trees
Aug/29/2011 02:47 PM
Irene Not a ‘Market Turning’ Event
Aug/29/2011 08:15 AM
The weekend storm will not create a hard market, but will put additional pressure on federal flood insurance. Read More...
Caribbean Fund Escapes Irene Losses as it Enters Peak Wind Season
Aug/28/2011 01:17 PM
Embarcadero Catastrophe Bond a ‘Negative’ for Reinsurance Industry: Moody’s
Aug/08/2011 07:12 PM
The new bond program could offer the struggling catastrophe bond market new life.
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Scor Triggers Contingent Capital
Jul/05/2011 01:41 PM
Foreign Reinsurance Tax Becomes Lucrative Political Football
Jul/04/2011 08:36 AM
New Zealand Quake Commission Claims Hit $1 Billion
Jul/04/2011 06:16 AM
Severe Weather Created Billions in May Losses: Aon
Jun/08/2011 05:12 PM
Aon Benfield’s May catastrophe report revealed a crippling month for natural disasters. Read More...
Marsh to Offer Nephila, Guy Carp ILW
Jun/07/2011 01:21 PM
Following Downgrade, PartnerRe Issues New Tornado Losses
Jun/05/2011 04:26 PM
The Bermudian reinsurer will take a tornado hit in its second quarter earnings, shortly after getting a credit downgrade from Fitch. Read More...
Tornado Frequency Continues to Vex Modelers, Insurers
May/23/2011 10:23 AM
Politics Dominate Florida Reinsurance Move
May/17/2011 04:42 AM
Plans by Florida-based Citizen’s Property Insurance to tap the private reinsurance market are stoking a political battle.
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Sidecars Are Key for New Capacity: AM Best
May/16/2011 12:40 PM
Alterra Planning Brazil Expansion
May/09/2011 11:41 AM
Earthquake Losses, Deaths ‘Soar’ While Seismic Activity Remains Static: Report
Mar/30/2011 06:21 AM
Australian Insurers Point at Mapping for Lack of Flood Cover
Jan/19/2011 05:28 AM
Queensland was not properly mapped, preventing insurers from offering cover, the industry argues.
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Australian Floods Will Not Change Insurer Ratings: S&P
Jan/12/2011 07:25 AM
Suncorp, QBE and Insurance Australia are expected to weather a flood of claims. Read More...
With Model Set, CCRIF Looks Towards the Capital Markets
Jul/07/2010 11:28 AM
The Caribbean risk pool will be open to new risk transfer solutions following the completion of an internal model project. Read More...
Reinsurers' Biggest Catastrophe May Be Lack of Catastrophes
Jul/07/2010 10:17 AM
Wall Street: Too Much Capital Draining P/C ROE
Jun/14/2010 09:22 AM
"Chile is Chile"
Jun/11/2010 11:46 AM
Despite increasing claims, losses from the Chilean earthquake may not harden the broader market.
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"There May Not be Enough Capital to Go Around This Time"
Jun/01/2010 02:25 PM
Reports from Moody's and Aon say that the P/C reinsurance industry remains dangerously close the the precipice going into the hurricane season. Read More...
Guy Carp: Florida Renewals Down, Longer-Term Trends Remain Unclear
Jun/01/2010 09:45 AM
The Sunshine State may get a breather from reinsurance price increases but a state attempt at long-term stabilization falls short. Read More...
Paper Questions U.S. Coastal Property Insurance Sustainability
Apr/27/2010 02:12 PM
Lack of Cat Losses Key to Reinsurers’ Flush of Capital
Apr/13/2010 10:29 AM
The absence of a major natural catastrophe in 2009 helped the reinsurance industry recover its capital base. This year may not be so kind.
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Windstorm Losses Hitting French Insurers Hard
Apr/08/2010 04:38 AM
Billions in Cat Losses Have Yet To Find Their Way Into Rates
Mar/31/2010 12:50 PM
Willis Re says that reinsurers have experienced monumental quarterly losses but rates remain steady. Read More...
Japanese P/C Industry Faces Growth Challenges: Moody’s
Mar/30/2010 01:17 PM
Gulf of Mexico Wind Remains Energy Reinsurance Outlier
Mar/26/2010 11:22 AM
Willis argues that despite increased capacity in the broader energy market the Gulf of Mexico remains problematic. Buyers chafe a new underwriting standards.
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S&P: Cat Losses Could Force Reinsurers Into the Capital Markets
Mar/22/2010 12:50 PM
Reinsurers Fail to React to Secondary Peril Threat
Mar/22/2010 06:13 AM
Examiner Questions Lehman Reinsurance Play
Mar/15/2010 09:21 AM
The defunct firm's stake in Wilton Re is only a footnote in the 2,220 page bankruptcy report, but the questions it raises could have broader implications for private equity investments in reinsurance.
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One Weekend’s Cat Losses Could Cost Partner Re $390 Million
Mar/09/2010 09:49 AM
Academics Praise ILS Market Fundamentals but Raise Some Caution
Feb/02/2010 02:09 PM
Catastrophe bonds will become more important as reinsurance capital shrinks, but the market’s “underlying friction” remains. Life and longevity traders could be in store for a mortality spike. Read More...
Cat Risk Limits Key to New Validus Bond Rating
Jan/21/2010 09:32 AM
Following the acquisition of IPC, Validus will need close watch on its catastrophe exposure.
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The $8 Million Question: Haiti and the Relevance of Catastrophe Pools
Jan/19/2010 10:27 AM
Some see the Haitian tragedy as proof that catastrophes pools in cooperation with the capital markets work and should be expanded.
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Reserving, Yields Will Challenge P/C Earnings
Jan/04/2010 02:01 PM
Despite a banner 2009, reinsurance profitability may become a scarce commodity in the new year.
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Aon: Cat Bonds, Collateralized Re to Grow in 2010
Dec/31/2009 02:38 PM
Other alternative structures, such as side cars and exposure swaps, will not fair as well. Read More...
Despite Few ’09 Mega Cats, Data Shows Loss Trends Rising
Dec/29/2009 11:49 AM
Aon Report: Biggest Cats Continue to Be Least Insured
Dec/24/2009 07:36 AM
Beyond the headline number of insured losses, developing countries suffered greatly in 2009.
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Cat Bond Market Interest or Reinsurance Market Cost
Dec/22/2009 10:32 AM
The upsizing of the Travelers issuance may say more about pricing of traditional reinsurance than investor interest in catastrophe bonds. Read More...
S&P Says Euro Insurance Struggles Will Continue Through 2012
Dec/17/2009 03:31 PM
Poor investment returns and Solvency II are muddying the outlook for the European insurance industry. Read More...
Renewal Season’s Three Pricing Rules: Location, Location and Location
Dec/15/2009 10:32 AM
Willis Re’s James Kent says pricing on U.S. risks will vary significantly based on geography. Read More...
Storm Frequency Becomes a Frequent Problem
Dec/02/2009 02:18 PM
Munich Re and RMS have rolled out products that target losses from local, but severe, convective storms. Read More...
Cat Reinsurance Continues Growth With Big Price Swings
Dec/01/2009 09:03 AM
Swiss Re expects even greater adoption of traditional P/C reinsurance. Cat bonds will continue on rebound Read More...
Moody’s Pulls Ratings on Over $2.5 Billion Genworth Life Structures
Nov/10/2009 09:52 AM
Several of Genworth Financial’s life securitizations had their ratings withdrawn last week in what may be the first of many for the life industry. Read More...
CEA Ups Reinsurance Over $200 Million, Taps Two New Firms
Nov/03/2009 06:31 AM
California’s state-sponsored earthquake insurer has increased capacity. Lagging cat model changes kept premiums high. Read More...
Cat Bonds May Favor Caymans
Oct/07/2009 11:14 AM
While Bermuda’s new supervisory scheme gains attention, Cayman’s cat bond track record will be difficult to overcome. Side cars may be a better bet for Bermuda.
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P/C Pros Defend Bermuda’s Domicile Dominance
Oct/05/2009 01:35 PM
Concern over the future of the insurance haven are misplaced. Professionals argue the island is well positioned despite well publicized tax flaps and defections. Read More...
Bermuda Insurers Expect a Limited Role for ILS
Oct/01/2009 06:33 AM
With balance sheets shorn up, the island’s reinsurance players will use catastrophe bonds and side cars as just another “tool.” Read More...
Captives Remain Market Choice for Terror Cover
Sep/11/2009 12:44 PM
As long as TRIA remains in tact, domestic captives are the vehicle of choice for terrorism cover. But NBCR remains elusive for many. Read More...
Tinderbox: California Wildfires and the Mortgage Meltdown
Sep/01/2009 02:59 PM
Morakot: A Major Test of Taiwan’s Developing Nat Cat Market
Aug/11/2009 07:43 AM
The storm may be the first time private reinsurers handle significant losses from Taiwan. Read More...
The Impact of Catastrophe Lines on Select Reinsurers for the Second Quarter of 2009
Aug/07/2009 09:06 AM
The second quarter was a mixed bag for the world’s largest catastrophe reinsurers. Read More...
Cat Risk at Center of Offshore Tax Debate
Aug/03/2009 05:59 AM
Changes in the deductibility of foreign affiliated reinsurance could alter the playing field in transferring U.S. catastrophe risk.
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U.S. Thunderstorm Losses Echo Across Industry
Jul/28/2009 11:52 AM
Insurers incurred over $6 billion so far this year; that’s $1 billion over the five year average. Read More...
State Lawmakers Move Ahead with Cat Finance Proposal
Jul/16/2009 11:37 AM
Industry reps argue the focus on historical losses is flawed. Plus, the public cat model bill pegged at $15 million. Read More...
Reinsurance Mergers, ILS Opportunity
Jul/07/2009 11:12 AM
As mergers drain capacity for property/casualty reinsurance, the door may be opening for ILS. Read More...
S&P 2009 Insurance Industry Conference: Reserve Releases Could Leave Commercial P/C Carriers Exposed
Jun/05/2009 10:28 AM
Commercial property/casualty carriers have been drawing down precious capital from reserve accounts, making them vulnerable to longer-tail claims that could haunt them for years to come. Read More...
S&P Insurance Conference: P/C Reinsurers Tout Discipline, but Concede Pricing Climate is a Cat Challenge
Jun/05/2009 09:52 AM
Property/casualty reinsurers need to be more aggressive about pricing climate change into catastrophe cover or they could face large underwriting losses on the business line. Read More...
TRIA Rollback Ups Industry Threat Level
May/12/2009 10:30 AM
The new U.S. federal budget calls for slashing the $100 billion government-provided backstop for terrorism insurance, surprising many in the property/casualty industry who thought the subsidy was safe from tinkering until 2014.
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It Ain’t Easy [Quantifying] Being Green
Apr/15/2009 09:22 AM
Green building practices will have an impact on rebuilding costs after a loss event, but how much remains in question for insurers.
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Connecticut Ponders Cat Fund
Apr/03/2009 10:54 AM
SIFMA Conference: Cat Bond Secondary Market Ballooned with Sellers
Mar/27/2009 12:58 PM
Circumstances created a healthy secondary market for catastrophe bonds in 2008, even if it was mostly sellers. Read More...
SIFMA Conference: Collateral Remains King
Mar/24/2009 04:14 PM
The risks and rewards of Treasuries, LIBOR Indexes and tri-party repos are being debated by the cat bond industry. Read More...
SIFMA Conference: Catastrophe Bonds at an “Awkward Age”
Mar/23/2009 02:53 PM
Credit losses, illiquidity and sell offs have stunted the market’s growth. Participants look towards mid-year reinsurance renewals for signs of recovery. Read More...
Texas Looks to Broaden Cat Fund Into ILS
Mar/18/2009 11:46 AM
States Consider South Carolina Incentive-Based Disaster Model
Mar/03/2009 11:50 AM
New PERILS Program Underscores Exposure Risk
Feb/20/2009 12:31 PM
Australian Bushfires May Force Rethink on Prevention
Feb/11/2009 08:35 AM
New President, New Challenges for Risk Transfer
Jan/20/2009 10:21 AM
Inauguration day could be the start of major legislative and regulatory changes for U.S.-based alternative strategies. Read More...
P/C Reinsurers, Carriers Consider the Capital Markets Closed
Jan/14/2009 12:14 PM
Executives argue capital is scarce, expensive and everyone is doing just fine anyway. Read More...