The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles January 3, 2018 By L.S. Howard Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had...
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...
Swiss Re Posts $468M 9-Month Loss, Anticipates Re/Insurance Rate Hikes November 2, 2017 By Brenna Hughes Neghaiwi A rise in insurance premiums, especially in areas affected by recent hurricanes and disasters, will help Swiss Re recover from...
Top Challenges for London’s Re/Insurers Are Soft Market, Brexit, Regulations: IUA September 28, 2017 The top three challenges facing London market companies are the soft market, Brexit and regulatory compliance, according to a survey...
4 European Reinsurers Maintain Pricing Discipline in Tough Market: Fitch August 17, 2017 By L.S. Howard The four largest European reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – have largely maintained pricing and...
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...
Lloyd’s to Cut 10% of UK Employees on Soft Market Pricing Pressures June 26, 2017 By Sarah Jones Lloyd’s of London is planning to cut 10 percent of its staff in the UK as the world’s oldest insurance...
Reinsurance Rates Continue to Soften with No End in Sight: S&P June 23, 2017 The global reinsurance sector is poised for yet another full year of declining rates, ensuring that a hoped-for bottom of...
Soft Reinsurance Prices to Continue Until Year-End – at Least: Fitch May 16, 2017 The soft pricing in the global reinsurance market will continue, at least, for the rest of the year, Fitch Ratings...