1/1 Reinsurance Renewals: Capacity Expands, but Underwriting Discipline Holds
Reinsurance renewals for 2025 reflect a shift in market conditions. Property reinsurance rates have softened, though profitability remains strong
Reinsurance Conditions
Reinsurance Conditions – the specific terms and requirements set within reinsurance agreements. This category provides a clear overview of the key factors that define how reinsurance coverage operates. It details the various conditions that insurers must meet to benefit from reinsurance arrangements, including coverage limits, exclusions, and specific clauses.
The conditions outlined in this category ensure that both primary insurers and reinsurers understand their obligations and rights. This includes aspects such as premium calculations, claims handling processes, and the duration of coverage. Understanding these conditions is crucial for effective risk management and for optimizing the benefits derived from reinsurance partnerships.
Beinsure media offers insights into how these conditions impact the overall reinsurance landscape. The information provided helps stakeholders navigate the complexities of reinsurance agreements and align their strategies with industry standards. This category serves as a valuable resource for those involved in drafting, negotiating, or assessing reinsurance contracts, ensuring clarity and compliance with industry practices.
Global Reinsurers to Maintain Strong Profitability in 2025
Global reinsurers’ profitability will remain strong in 2025 despite lower risk-adjusted prices for most business lines when reinsurance contracts were renewed on 1 January
APRA’s Proposed Reinsurance Reforms: Impact on Australian Insurers’ Credit Profiles
Changes to reinsurance-related capital requirements proposed by the Australian Prudential Regulation Authority strengthen Australian general insurers’ credit profiles
Global Reinsurance Market Trends. Composite’s ROE Reaches Five-Year High
In 2024, reinsurance premium rates increased, interest rates remained high, and capital markets performed well. The composite achieved its highest ROE in five years
Reinsurers Prepare for Rate Hikes Amid Rising U.S. Casualty Loss Costs
Reinsurers are likely to push for double-digit increases in U.S. casualty premium rates during the January 2025 renewals. This move aims to address higher loss costs
Global Reinsurers Brace for Mixed Reinsurance Pricing Outlook in 2025
More than 50% of the 81 respondents think global reinsurers will raise prices in January reinsurance 2025 renewals, continuing recent increases driven by high claims inflation
Reinsurers Will Increase in U.S. Casualty Premium Rates in 2025
Reinsurers will push for double-digit increases in U.S. casualty premium rates when policies come up for renewal in January 2025 to keep up with higher loss costs
Reinsurance Market Outlook for 2025: De-risking, Pricing & New Conditions
The positive reinsurance market outlook comes from de-risking as much as pricing with changes in terms and conditions, rising attachment points and tightening of wording
2024 Global Reinsurer Traditional Capital: Capacity at Peak Levels
In 2024, global reinsurer capital, including both alternative and traditional sources, has reached peak levels. Reinsurer capital stood at $695 bn as of mid-2024, marking a $25 bn increase
Rising Demand for Property Re/Insurance Amid Increasing Risks & Costs
Higher property values, urbanization, and increased repair costs are likely to drive demand for property re/insurance, particularly in regions facing heightened natural catastrophe
H1 2024 Global Reinsurance Market Highlights: Reinsurer Revenue & Capital Growth
Global reinsurance market delivered strong results in 2024 with further improvement in underwriting profitability, exceptional ROEs and a continued building of capital
2024 Reinsurance Renewals Come Amid Growing Reinsurer Appetite
The mid-year reinsurance renewals occurred against a continued increase in reinsurer appetite as overall reinsurance capacity grew
Reinsurance Renewals at April 2024 by Regions: Capacity & Trends
Reinsurance renewals conditions since 1/1 have continued to move in favor of reinsurance buyers. At the start of last year, property catastrophe capacity was constrained
Underwriting Margins for Reinsurers Will Reach Peak in 2024
The underwriting margins for reinsurers are anticipated to reach their peak in 2024, driven by significant price increases and stricter terms and conditions
2024 Reinsurance Renewals: Reinsurers Increasing Appetite for Catastrophe Coverage
Ahead of the January 2024 reinsurance renewals, reinsurers’ overall appetite for US regional property catastrophe coverage remains healthy
April Reinsurance Renewal by Regions: Market Moves to Stable Footing
April 1 is an important renewal for the Asia Pacific region, dominated by Japan, which is home to some of the world’s largest catastrophe reinsurance placements
Global Reinsurance Market 2024: Challenging Renewals & Realignment
Pricing cycles in the commercial insurance and reinsurance sectors are now converging, marked by price increase moderation overall for the former, albeit with strengthening
Reinsurance as a Mitigation Tool for Global Life, Accident & Health Market
Lapse reinsurance originally emerged as a capital optimisation solution following the implementation of Solvency II
Reinsurance Renewals: Rates Movements & Pricing Trends
The April 1 reinsurance renewal season has seen a continuation of the discipline shown by reinsurers at January 1 but with a greater determination that pricing
Re/insurance Rate Hikes Should Spur Investor Interest in Reinsurance Sector
While insurers may have winced at the spike in property-catastrophe prices at the Jan. 1 renewals, the resulting rate hikes and new policy terms should spur investor interest
Reinsurance Market Dynamics: Lessons of a Hard Market & Future Capital Flows
The most challenging January 1 renewal in a generation as the reinsurance market underwent a fundamental shift in pricing and risk appetite
New London Insurance Market Conditions for Reinsurers
Natural catastrophes (nat cats) continue to divide opinion, with some companies such as Lancashire and Hannover Re pushing the longer-term profitability of the line
Canada insurance market saw further rate declines in 2024, with property, casualty, financial, and cyber lines experiencing reductions. Property insurance rates fell 3%
Insurance rates in Europe declined 2% in the fourth quarter of 2024. The European insurance industry faced a year of changes and challenges
The UK insurance market experienced a shift in 2025, with property, casualty, and financial lines seeing notable rate declines, while motor insurance remained an exception
The Global Insurance Market Index is proprietary measure of commercial insurance rate changes at renewal. Below are insights into the US insurance market