Reinsurance Rates for U.S. & Florida NatCat Policies: Renewal Trends
U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July renewal date, with states such as California and Florida increasingly hit
Reinsurance Coverage
Reinsurance Market is a Critical Part of Florida’s Insurance System
Reinsurance market — a critical piece of Florida’s property-insurance system — is improving as Florida insurers try to bounce back
Lightning-Caused U.S. Homeowners Insurance: Claims & Losses
$950 mn in lightning-caused U.S. homeowners insurance claims were paid out to 62,000-plus policyholders, with $125 mn of the total
Global Reinsurance Property Catastrophe Market Outlook
The past year and half have seen major changes in the global Reinsurance Property Catastrophe (CAT) market
Financial Performance of Leading Reinsurers in the Global Market
Aon’s Reinsurance Aggregate analyses the financial results of 19 reinsures that together underwrite more than 50% of the world’s life and non-life reinsurance premiums
How Global Aviation Re/Insurance Market Has Gone Through a Turbulence?
The aviation re/insurance market has gone through a turbulent few years, with the impact of the COVID-19 pandemic, geopolitical shocks and macroeconomic challenges
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 Capital in 2023: Reduced Asset Prices Erode Book Values
New reinsurance capital formation is limited, and investors remain concerned about the impact of climate change and inflation
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
IAIS Reinsurance Market Survey: Premiums, Assets, Retention & Distribution
IAIS collected data on the global reinsurance market through annual Global Reinsurance Market Survey covered about 50 reinsurers based in nine jurisdictions
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
Global Reinsurance Market – a Hardest Market for Last 30 Years
Seismic shifts in the macroeconomic environment – combined with geopolitical uncertainty and heavy natural catastrophe losses – led to a severe tightening of capacity
Global Reinsurance Market Faced a Very Complex & Frustrating Renewal
Global reinsurance market has faced a very late, complex and in many cases frustrating renewal 1/1. Two areas of most constraint were peak-zone US property catastrophe
Commercial Insurance and Reinsurance Market Outlook 2024
Pricing cycles in the commercial insurance and reinsurance sectors are now converging, marked by price increase moderation overall for the former
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
Global Reinsurance Capital Challenge in Natural Catastrophe
While there was sufficient capacity to meet the reinsurance needs of cedants at 1.1, it is also true that the amount of reinsurance capital being deployed was diminished in 2022
How High Reinsurance Costs Will Impact for European Insurers Operating Margins?
The “key focus” will be on how high reinsurance costs will impact their operating margins and how much risk exposure they keep on their own balance sheets
How Earthquakes in Turkey & Syria Impacts for Re/Insurance Industry?
According to Global InsurTech Report, 2022 has been a year of macro-realism (for many InsurTechs, investors and risk partners), micro company hardship
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
How Global Reinsurance Market Endured a 2023 Renewals?
The global reinsurance market has endured a complex and in many cases frustrating renewal process which has gone down to the wire, according to the 1st View January
War in Ukraine Slows Growth of Global Re/Insurance Market
The year 2022 can be characterized as one of the most challenging years in recent decades from the social, financial, political environment points of view
Exclusions into International Reinsurance Coverage for Ukraine, Russia & Belarus
In the negotiations taking place on contract renewal, it has turned out that the international insurance industry is no longer willing to agree on coverage for Russia and Belarus
Marine mutual insurers and P&I Clubs are planning rate hikes for 2025, driven by rising claims and inflation pressures. Marine mutuals are under growing pressure
Hurricane Helene’s recent destruction underscores the rising flood risk impacting local economies and tax bases in the Eastern and Southern United States
Changes to reinsurance-related capital requirements proposed by the Australian Prudential Regulation Authority strengthen Australian general insurers’ credit profiles
European insurers' ratings will remain unaffected by the proposed capital surcharges on fossil fuel-related assets, according to EIOPA