Reinsurance
-
Inflation set to cause delayed price rises as insurers battle reserve adequacy: Marsh
Marsh McLennan has warned there is significant risk that the inflation crisis will leave parts of the insurance industry inadequately…
-
Rising interest rates wipe 72% off world’s ten largest reinsurers’ net income in H1
Global P&C reinsurers recorded improved underwriting results in the first half of this year but the impact of rising interest…
-
Best sees potential for profitable growth for sub-Saharan reinsurers
Sub-Saharan Africa’s reinsurance market has expanded during the past decade as a result of steady real GDP growth and international…
-
Hurricane Ian losses will add fuel to reinsurance rate rises
Significant insured losses from Hurricane Ian will drive rates up ahead of key reinsurance renewals next month, according to analyst…
-
Reinsurers cautious over cyber liability exposures
The cyber liability reinsurance market is stable but unlikely to grow significantly until more sophisticated underwriting tools are developed to…
-
Asta-managed Catalina syndicate gets ‘in principle’ Lloyd’s approval
A new syndicate, Catalina 3232, has been granted ‘in principle’ approval by Lloyd’s to underwrite reinsurance to close transactions. The…
-
Tough reinsurance renewals ahead do not bode well for primary renewals
For the last six months, the accepted view has been that the hard market is slowly and surely on the…
-
Big reinsurers banking on large rate hikes at 1 Jan
The world’s largest reinsurers will push for substantial rate increases at 1 January renewals, with Scor predicting the market is…
-
Market expects further reinsurance hardening at year-end
Leading market players gathering this week for the Rendez-Vous de Septembre in Monte Carlo expect the reinsurance market to harden…
-
Swiss Re wants to grow and diversify nat cat book
Swiss Re wants to grow and diversify its natural catastrophe portfolio, at a time when property reinsurance buyers are suffering…
-
Inflation and reinsurance costs put squeeze on European insurers
Non-life insurer profits in Europe will come under increasing pressure from inflation and higher reinsurance costs, warn insurance analysts at…
-
Reinsurance market at tipping point as mid-year rate rises highest since 2006: Howden
While there is much talk of primary insurance markets seeing a moderation in pricing, the reinsurance market is facing severe…
-
Insurers predict further reinsurance rate increases in 2023
Most P&C insurers expect rates for their reinsurance cover to increase further in 2023, with the largest rises forecast for…
-
Reinsurance price increases set to hold next year but market split over property cat exposure
The world’s top 21 reinsurers are divided in their approach to property catastrophe underwriting, according to Standard & Poor’s (S&P),…
-
Reinsurance capital declines but financial strength remains, says Gallagher
Total capital dedicated to the global reinsurance industry declined 11% at half-year 2022 (HY 2022), according to a report from…
-
Bermuda reinsurers turning to primary lines to bolster business
Some Bermuda-based reinsurers have made moves towards primary business as a way to address “lacklustre” underwriting results during the past…
-
Europe’s ‘big four’ reinsurers improve results despite nat cat losses, says Best
Europe’s ‘big four’ reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – benefited from material premium rate increases…
-
Reinsurers turn from property nat cat to casualty and specialty: Best
The reinsurance sector continues to see positive and negative drivers affecting the market cycle which have tended to counter each…
-
Big four reinsurers see price firming continue at mid-year renewals
Premium rate increases maintained an upward trend through the year for the big four European reinsurance groups, according to an…
-
Net premiums written by leading US reinsurers rise in first half
Net premiums written during the first half of this year increased to $42.1bn from $37.1bn in the year-earlier period among…
