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
Lapse reinsurance originally emerged as a capital optimisation solution following the implementation of Solvency II
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
Property reinsurance rates rose significantly at the renewals. The losses from Hurricane Ian last year were a contributory factor
Seismic shifts in the macroeconomic environment – combined with geopolitical uncertainty and heavy natural catastrophe losses – led to a severe tightening of capacity
For the global reinsurance industry, activities in 2023 and renewals for 2024 were set against a backdrop of significant economic and geopolitical uncertainties
Pricing cycles in the commercial insurance and reinsurance sectors are now converging, marked by price increase moderation overall for the former
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
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
Bermuda reinsurers expected improved underwriting performance in 2024 will be driven by accelerating premium rates with a market reset in pricing
The most challenging January 1 renewal in a generation as the reinsurance market underwent a fundamental shift in pricing and risk appetite
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
Inflation a challenging environment for (re)insurers, which need to calculate how they should build elevated costs into their pricing models
Fitch expect significant improvements in reinsurers’ financial performances due to higher prices in a hardening market, a rebound in activity