Aon's Reinsurance Solutions’ Post

Global reinsurer capital rose by $45B to $635B in the first nine months of 2023. How has this impacted re/insurers during 1/1 renewals? Read below to understand property, casualty and specialty market dynamics, discover why alternative capital was leveraged more in 2023 than ever before, and gain more insights into the future of the re/insurance landscape. Read the full January 2024 Reinsurance Market Dynamics report here: https://aon.io/4aDVOhZ #reinsurance #propertycasualty #risk #RMD24

Global reinsurer capital rose by $45B to $635B in the first nine months of 2023. How has this impacted re/insurers during 1/1 renewals? Read below to understand property, casualty and specialty market dynamics, discover why alternative capital was leveraged more in 2023 than ever before, and gain more insights into the future of the re/insurance landscape. Read the full January 2024 Reinsurance Market Dynamics report here: https://aon.io/4aDVOhZ #reinsurance #propertycasualty #risk #RMD24

Changing risk landscapes and insurance trends form promising markets for reinsurers worldwide. Yet operational adaptation is necessary, in order to gain competitive edge in challenging lines like casualty or in natural perils, to manage inflation across the cycle and to stay resilient in the wake of adverse external trends. Dr. Ulrich Kleipaß Carsten Küst

Establish great reinsurer-cedant partnerships: Bridge the gap between reinsurers and cedants by finding balance between capacity, risk, and expectations. Stay in the know - and register today: https://bit.ly/49dGmI3 #ReinsuranceOutlookEU

The reinsurance placement landscape is evolving rapidly, influenced by technological advancements, changing risk dynamics, and the flow of alternative capital. As reinsurance brokers navigate this complex environment, they must adapt their strategies to provide value-added services and foster strong relationships with clients and reinsurers alike. Read More: https://lnkd.in/gbVUJqXW #marvelre #reinsurancebrokers #reinsurance

According to insights gathered by Morgan Stanley, reinsurers experienced a pullback towards the end of 2023, prompting investors to scrutinise the factors that could drive the industry beyond the highs of the previous year.

With the ongoing stability of the reinsurance market and ample reinsurer capital, the market is trending positively. And if you aren’t current on these developments, you may miss out on profitable growth opportunities. Are you willing to take the risk? If the answer is no, why not get started with some key takeaways from our Reinsurance Market Dynamics report: • Global reinsurer capital rose by $25 billion to a new all-time high of $695 billion, driven by retained earnings, recovering asset values and new inflows to the catastrophe bond market. • Reinsurers are generating healthy returns by historical standards with annualized ROE averaging around 20% in Q1 2024, which should flow back into the market, further bolstering capital levels and driving competition. • Strong margins and good growth opportunities continued in the excess and surplus lines market, particularly on the casualty side. • With capital building quickly, in the absence of very large primary peril losses, underwriting conditions are expected to ease up in the 2025 renewals. To learn more, read the Global Reinsurer Capital section below or find the whole report here: https://aon.io/4bmmm6F #RMD24 #capital #reinsurance

🌊 The Future of #Reinsurance: New Opportunities in Dynamic Times Check out our latest analysis! Our experts have analyzed twelve key trends, from shifts in the risk landscape to changes in the reinsurance operating model and capital environment. We also dive into the implications for client and broker relationships, and the industry’s business model overall. 🔍 Key Takeaway While the core business model remains stable, reinsurers must strengthen operations to enhance resilience and expand their adaptability to capitalize on new growth opportunities. 💡 Let’s connect and discuss the implications on your organization: ➡ https://lnkd.in/dWbBbVQC #RolandBerger Dr. Ulrich Kleipaß, Dr. Clemens Frey, Carsten Küst

Global reinsurer capital rose by $45B to $635B in the first nine months of 2023. How has this impacted re/insurers during 1/1 renewals? Read below to understand property, casualty and specialty market dynamics, discover why alternative capital was leveraged more in 2023 than ever before, and gain more insights into the future of the re/insurance landscape. Read the full January 2024 Reinsurance Market Dynamics report here: https://aon.io/4aDVOhZ #reinsurance #propertycasualty #risk #RMD24

Reinsurers Meet Cost of Capital for First Time in Four Years AM Best • Reinsurers met their cost of capital for the first time in four years, thanks to a rebound in capital gains and underwriting profits. • High interest rates, equity market volatility, and economic uncertainty resulted in another increase in the cost of capital. • Reinsurers that balance long-term strategies with effective tactical decisions and sound risk management can still meet or exceed return expectations. Sound risk management, strategic use of technology, and a maturing partnership with alternative capital have subdued the cyclical nature of the #reinsurance market by narrowing the extremes. To meet or go above the cost of capital, reinsurers must remain flexible with regard to market conditions and balance opportunistic moves (taking advantage of market conditions, retreating when pricing is not right) over the short term, with strategic long-term goals (maintaining relationships, building expertise, and being relevant and dependable over the long run). https://lnkd.in/edP-YT6n.