According to a recent Reinsurance News poll, sustaining price levels is perceived as the main focus of conversations for reinsurers at the 66th Rendez-Vous de Septembre (RVS) in Monte Carlo.
Reinsurance News’ Post
More Relevant Posts
-
There is a positive sentiment for property-catastrophe reinsurance heading into 2025, with pricing at very attractive levels, a factor that should continue to benefit UK specialty re/insurers, analysts at Jefferies concluded following recent meetings with global insurers, reinsurers and ILS managers in Bermuda.
Attractive pricing levels, positive sentiment for property cat reinsurance into 2025: Jefferies - Reinsurance News
http://www.reinsurancene.ws
To view or add a comment, sign in
-
According to Howden Re’s re/insurer earnings overview report for the first half of 2024, the period witnessed moderating rate increases in the primary market, whilst also experiencing a greater proportion of property & casualty premiums coming through reinsurers.
Ceded reinsurance, an ever smaller proportion of total premium over the last five years: Howden Re - Reinsurance News
http://www.reinsurancene.ws
To view or add a comment, sign in
-
Reflecting on 1/1 renewals now that the dust has settled: Good underwriting discipline in the reinsurance market. Continued momentum in market position, with reinsurers not giving back structural gains from last year. We hear of this being a “hard” reinsurance market, it’s rather a much needed rebalance after many years of poor results in terms of earnings volatility, reduction in balance sheet strength & capital trapped by volatile technical reserves. 2023 saw its share of losses aggravated by secondary perils and looks like 2024 isn’t devoid of earthquakes and windstorms, a reminder we can’t have growth just for growth’s sake Good to see some property cat capacity return this 1/1, current rates providing great u/w opportunity. Push to deploy capital in mid to upper layers of cat towers - capacity for frequency protection was once again at a premium. Some downward pressure on rates thanks to buoyant collateralized re & cat bond markets in higher towers US casualty still being approached with caution, and we hear more and more about the need for rate. Specialty lines strong diversified growth area but differentiated by portfolio quality All in all, as the market cycles course correct, capital isn’t cheap and this will likely continue in 2024. Cedants eventually benefit from doing business with stronger reinsurer balance sheets, to ultimately deliver on the promise that is the very essence of our industry’s existence – to support the insured and the wider society when they need us to.
To view or add a comment, sign in
-
CEO & Founder – Forinsurer.com ⭐ Insurance TOP ⭐ Beinsure.com → Digital Media about InsurTech | Insurance | Reinsurance | Blockchain & Crypto
A strategic reinsurance market reset by global reinsurers led to strong technical profits and altered industry dynamics, according to AM Best
Reinsurance market reset by global reinsurers led to strong technical profits
beinsure.com
To view or add a comment, sign in
-
Europe’s largest four reinsurers have “good appetites” for property catastrophe risks again in 2024, driven by continuing hard reinsurance market conditions, according to AM Best. In a market report on the big four European reinsurers – Munich Re, Swiss Re, Hannover Re and Scor – the analyst said “the mood has shifted somewhat to focus on taking advantage of the good pricing while it lasts”. more here, please tap... https://ow.ly/KgnE50TcCJz #reinsurance #reinsurers AM Best
Cat risk appetite returns European reinsurers
https://www.commercialriskonline.com
To view or add a comment, sign in
-
Europe’s largest four reinsurers have “good appetites” for property catastrophe risks again in 2024, driven by continuing hard reinsurance market conditions, according to AM Best. In a market report on the big four European reinsurers – Munich Re, Swiss Re, Hannover Re and Scor – the analyst said “the mood has shifted somewhat to focus on taking advantage of the good pricing while it lasts”. more here, please tap... https://ow.ly/KgnE50TcCJz #reinsurance #reinsurers AM Best
Cat risk appetite returns European reinsurers
https://www.commercialriskonline.com
To view or add a comment, sign in
-
Europe’s largest four reinsurers have “good appetites” for property catastrophe risks again in 2024, driven by continuing hard reinsurance market conditions, according to AM Best. In a market report on the big four European reinsurers – Munich Re, Swiss Re, Hannover Re and Scor – the analyst said “the mood has shifted somewhat to focus on taking advantage of the good pricing while it lasts”. more here, please tap... https://ow.ly/KgnE50TcCJz #reinsurance #reinsurers AM Best
Cat risk appetite returns European reinsurers
https://www.commercialriskonline.com
To view or add a comment, sign in
-
Europe’s largest four reinsurers have “good appetites” for property catastrophe risks again in 2024, driven by continuing hard reinsurance market conditions, according to AM Best. In a market report on the big four European reinsurers – Munich Re, Swiss Re, Hannover Re and Scor – the analyst said “the mood has shifted somewhat to focus on taking advantage of the good pricing while it lasts”. more here, please tap... https://ow.ly/KgnE50TcCJz #reinsurance #reinsurers AM Best
Cat risk appetite returns European reinsurers
https://www.commercialriskonline.com
To view or add a comment, sign in
-
Europe’s largest four reinsurers have “good appetites” for property catastrophe risks again in 2024, driven by continuing hard reinsurance market conditions, according to AM Best. In a market report on the big four European reinsurers – Munich Re, Swiss Re, Hannover Re and Scor – the analyst said “the mood has shifted somewhat to focus on taking advantage of the good pricing while it lasts”. more here, please tap... https://ow.ly/KgnE50TcCJz #reinsurance #reinsurers AM Best
Cat risk appetite returns European reinsurers
https://www.commercialriskonline.com
To view or add a comment, sign in
-
In a context of high volatility, the 2022 reinsurance market has shown a mixed picture. After several years of underperformance, reinsurers have adopted a more cautious technical approach over the past two years, imposing underwriting discipline over long cycles, while redeploying available capital. It's a strategy that has resulted in higher profitability in 2021 and 2022. Atlas Magazine takes stock of the reinsurance situation on the eve of the 2024 renewals.
Global reinsurance market: special renewal 2024
atlas-mag.net
To view or add a comment, sign in
132,378 followers