Reinsurers Offering Better Prices, Capacity for Preferred Trading Partners: Willis Re July 2, 2019 Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1 and July 1,...
Jan. 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes: Guy Carpenter January 14, 2019 The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the...
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...
Soft Rates Begin to Hit Results – But Pain Continues at Mid-Year Renewals: Willis Re July 11, 2017 Despite the deterioration many reinsurers saw in the first quarter, mid-year renewals continued their downward pricing trajectory, according to Willis...
April 1 Renewals Saw ‘Disciplined Softening’ with Ample Capacity: Aon & Willis Re April 7, 2017 By L.S. Howard With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it’s no wonder that the elusive bottom...
Solvency II Drives Demand for Reinsurance During 1/1 Renewals: Fitch February 16, 2017 The January renewals period show that Solvency II will increase demand for reinsurance products as European insurers attempt to strengthen...
1/1 Renewals Saw Some Price Stabilization, Record Capital, Demand Uptick: JLT Re January 24, 2017 By L.S. Howard The challenging operating environment confronting reinsurers has led to some price stabilization at the Jan. 1, 2017 renewals, as they...
Reinsurance Capacity Still Outpaces Demand Growth: Aon Benfield January 12, 2017 By L.S. Howard Capacity continues to outpace the growth of reinsurance demand despite insurers’ continued efforts to optimize their view of reinsurance as...