Momentum for Rate Hikes Dissipates During June/July Renewals: Willis Re Report July 2, 2018 Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing...
Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield April 18, 2018 By L.S. Howard Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year,...
April Reinsurance Renewals Continue Flat Pricing Seen in January: Willis Re Report April 3, 2018 Reinsurance buyers were able to renew loss-free programs at broadly flat pricing levels during the April 1 renewals – continuing...
Bermuda’s Re/Insurance Model to Be Tested Following U.S. Tax Cuts: Fitch January 26, 2018 By L.S. Howard The Bermuda re/insurance model will be tested following U.S. tax forms and the continuing challenges of competitive market conditions, according...
January Renewals Saw Rate Hikes of Up to 5%, with More Expected: S&P January 25, 2018 Global reinsurance pricing in aggregate was flat to up about 5 percent during the January 2018 renewals, and more price...
Natural Catastrophe Claims in 2017 Reached a Record $135B: Munich Re January 4, 2018 By L.S. Howard The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a...
Property Reinsurance Rates Rise Less Than Expected in Jan. 1 Renewals January 2, 2018 Global property reinsurance prices have risen less than expected in the key Jan. 1 renewal season, with strong competition limiting...
Reinsurance Price Hikes May Be Short-Lived as Capacity Is Abundant December 22, 2017 While overall market conditions may improve over the near term as a result of catastrophe events in the third quarter...