Years of low interest rates and burgeoning catastrophe losses have accelerated the hardening of the reinsurance market, as the January...
Reinsurers News
For the fifth consecutive year, insured losses from natural catastrophes are expected to be at or above global reinsurers’ budget...
Everest Re Group Ltd. and AXIS Capital announced their preliminary third quarter 2021 catastrophe losses. In advance of its full...
RenaissanceRe Holdings Ltd. estimated losses from certain catastrophe events will have a net negative impact of approximately $725 million on...
The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and...
Reinsurers’ estimates of their exposure to natural catastrophe risk could be underestimated by 33%-50%, according to a report published by...
A principal negative factor affecting the reinsurance industry is the large amount of claims uncertainty, but positive tailwinds are offsetting...
Property and casualty reinsurers have displayed underwriting discipline during this year’s renewals, continuing with rate corrections that began several years...
Global life and non-life insurance and reinsurance COVID-19 claims are approaching $50 billion, which has had a significant burden on...
Global property/casualty premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020 –...