Reinsurance programs structure could play as important of a role as pricing
The structure of reinsurance programs could play as important of a role as pricing at the upcoming renewal periods
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The structure of reinsurance programs could play as important of a role as pricing at the upcoming renewal periods
The movement of interest rates this year has reduced the carrying value of fixed income securities held by insurance companies
Analysts at international insurance broker Howden are forecasting that reinsurance sector returns will rise significantly in the next few years
Goldman Sachs said that reinsurers have historically been a low-beta and defensive sector that outperformed in terms of uncertainty
Munich Re said that the new centre will ‘foster new innovative initiatives’ through facilitating networks with technology providers and industry leaders
This next renewals period is a time for reinsurers to move towards risk and not away from it in order to showcase what the industry does best
Apollo Underwriting is the latest Lloyd’s carrier to enter the cyber market following a partnership with SoftBank-backed MGA and modeling firm Envelop Risk Analytics
Lloyd’s announced that claims to the Lloyd’s market arising from Hurricane Ian are estimated to be in the range of US$2.3bn – US$3bn
Swiss Re Institute has warned of the risk posed to insurance and reinsurance companies by the prospect of inflationary recessions and financial instability
Europe’s insurers and reinsurers wish to reiterate their willingness to continue playing their important role in climate change mitigation and adaptation in support of the goals
German reinsurer Munich Re anticipates a quarterly profit of about EUR 500 mn, despite in Q3 2022 the company registered higher-than-average major-loss expenditure
E+S expects significant improvements in risk-adjusted prices and conditions in property and casualty reinsurance on the back
Global natural disaster events of Q3 2022 caused total economic losses estimated at minimally USD 227 billion – of which USD 99 billion were covered by insurers
Lloyd’s and Aon highlights a number of areas and risks that require further action from the industry to help improve resilience as the war in Ukraine continues
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, is pleased to announce that the company has launched its Reinsurer Product Council
JP Morgan have forecast that Swiss Re will incur a net loss of $399 million for the third quarter of 2022, largely due to the impact of Hurricane Ian
Reinsurance market has materially shifted and requires close attention ahead of the January 1st, 2023, renewals
A potential capacity crunch in the reinsurance sector could be one of the key catalysts for further property catastrophe rate rises at the January 2023 renewals
UK regulator the Prudential Regulation Authority (PRA) is “paying close attention” to the potential for concentration risk due to insurers’ reliance on reinsurance
Against the backdrop of a trend towards more expensive large losses, German reinsurer Hannover Re expects further price increases and improved conditions in property
Global insurance-linked securities (ILS) market remains bogged with prior catastrophe losses as the overall performance of funds deteriorates
Reinsurers are showing a diverging appetite for Florida property catastrophe risk ahead of further anticipated price increases and coverage constraints going into 2023
Fitch Ratings has maintained its global reinsurance market outlook at neutral and expects underlying profitability to remain broadly stable in 2022 and 2023
The German Insurance Association (GDV) has said that natural catastrophe events caused damages of around €3bn in the first half of 2022
Asta, a third-party managing agent at Lloyd’s, announced that the management of Parsyl syndicate-in-a-box 1796 transferred to Asta Managing Agency