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 Renewals
Reinsurance Renewals reviews on Beinsure media focuses on the annual process where insurance companies renegotiate terms with reinsurance providers. This process involves updating contracts to reflect changes in risk profiles, market conditions, and financial performance.
Reinsurance renewals are crucial for maintaining effective risk management and ensuring that insurers can cover potential losses. During renewals, insurers and reinsurers review the previous year’s performance, adjust coverage limits, and set new premiums. This negotiation helps balance risk and cost, aligning with both parties’ current needs and expectations.
The category covers various aspects, including strategies for successful negotiations, trends influencing renewal rates, and the impact of global economic factors. It provides insights into how different insurers approach renewals and the broader implications for the reinsurance market.
By understanding reinsurance renewals, stakeholders can better manage their insurance portfolios and anticipate changes in coverage and pricing. This knowledge helps insurers make informed decisions and adapt to evolving market dynamics.
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
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
Global Reinsurance Capital: New Peak Reached in 2024
Aon estimates that global reinsurer capital rose by $25 bn to a new high of $695 bn over the three months to March 31, 2024
Top Tips for 2024 Reinsurance Market Renewals
Mid-year reinsurance renewals have further consolidated the positive trends at 1/1 and 4/1, setting the stage for a more competitive reinsurance market in 2025
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
Global Reinsurance Capital & Catastrophe Bond Market Dynamics
Global Reinsurance market conditions since 1/1 have continued to move in favor of reinsurance buyers. Reinsurance renewals at April 1 consolidated the progress made at 1/1
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
Global Non-Life Reinsurance Market Outlook by AM Best
AM Best has released the Market Segment Outlook: Global Reinsurance report on the outlook for global non-life reinsurance, maintaining a stable view
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
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
Reinsurance Renewal: Why US Property Catastrophe Reinsurance Rates Up?
Guy Carpenter explained that the property catastrophe reinsurance market saw some “significant” price adjustments for loss-impacted programs in peak zones
There are approximately 133 million healthcare data breaches each year. Healthcare systems remain complex to secure, and cybercriminals take full advantage of this
Insurance claims management software can streamline intake, evaluation, validation, payouts and closure. Unfortunately, not all platforms are built to the same standard
Canadian life insurance market new annualized premium grew 10% to C$522 mn ($387 mn) in Q2 2024 compared to the same period last year. Policy count also increased 4%
Crypto fundraising landscape is showing signs of recovery. In the last months, we’ve been in the same cycle in terms of sentiment