Rates charged by reinsurers, which have been falling for most of the past decade, may decline more slowly this year, the head of Allianz SE’s reinsurance division said. “Our assessments show that rates in some parts of the market are …
Swiss Re Ltd. Chief Financial Officer David Cole expects consolidation in the reinsurance market as oversupply of capital squeezes prices. “Selling property and casualty reinsurance is becoming more difficult for us as well,” Cole, 53, said in an interview in …
Property and casualty reinsurance rates, which fell in seven of the last 10 years, probably won’t rebound in 2014, the head of Allianz SE’s reinsurance arm said. “Last year’s catastrophe activity was very light — capital from traditional and alternative …
