P/C Insurers Set to Significantly Improve Profitability Even as Claims Rise: Study September 11, 2023 Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates...
Reinsurance Rates to Rise in 2024, Soften in 2025: Fitch September 8, 2023 Reinsurance rates are likely to continue to rise in 2024, though at a slower pace than in 2023, and prices...
Reinsurers’ Performance Keeps Improving on Underwriting Profits, ROE: Gallagher Re September 6, 2023 By L.S. Howard Reinsurers reported “a robust increase” in their capital base, improved underwriting profits as well as higher returns on equity and...
S&P Raises Reinsurance Sector View to Stable From Negative as Rates Keep Rising September 5, 2023 By Carolyn Cohn S&P Global has raised its view of the global reinsurance sector to stable from negative, it said on Tuesday, due...
Munich Re Again Tops List of 50 Largest Reinsurers With Swiss Re at No. 2: AM Best August 23, 2023 By L.S. Howard Munich Re holds onto the top spot in AM Best’s annual ranking of the top 50 global reinsurance groups for...
Conditions Are Challenging, Claims Are Elevated, but Reinsurers’ Profits Return: Reports August 22, 2023 By L.S. Howard Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022,...
S&P Revises Outlooks for Munich Re, Swiss Re While Affirming AA- Ratings August 18, 2023 S&P Global Ratings has revised its outlooks for Munich Re and Swiss Re, affirming both reinsurers’ “AA-” issuer credit and...
Catastrophe Bond Funds Ranked Among 2023’s Top-Performing Credit Funds August 10, 2023 By Nell Mackenzie Catastrophe bond funds rank among the 10 best performing credit funds this year, as the hurricanes, earthquakes and other disasters...
Europeans Lack Insurance Protection as Wildfires and Drought Batter the Region August 3, 2023 By Natasha White Europeans are among the least insured against certain types of extreme weather and other natural disasters in the developed world,...
Reinsurance Execs From Convex, Swiss Re Set Pacific Record in World’s Toughest Row July 24, 2023 By L.S. Howard Reinsurance executives from Convex Group Ltd. and Swiss Re completed The World’s Toughest Row, a race from California to Hawaii,...