All 1 January renewals articles – Page 3
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News
Florida buyers will struggle for capacity at 1/1 - Fitch
Rating agency predicts double-digit rate rises for property catastrophe cover driven by insured losses of c.$120 billion
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1/1 renewals will test industry’s relevance
The renewals period represents a time to move towards, not away from risk, says Aon’s Andy Marcell
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Baden Baden: Expect further retrenchments post Ian - Ariel Re
Trapped collateral and a global retro freeze will further exacerbate supply demand imbalances at 1/1
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Baden Baden: German motor insurers face 2022 underwriting loss
Ongoing supply chain disruption and inflation are impacting German motor books
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Baden Baden: Litigation could significantly inflate Ian loss - Verisk
Loss creep on Hurricane Ian claims are likely as inflation and social inflation drive up costs, thinks Yörn Tatge
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Baden Baden: The cycle has reasserted itself - Flandro
The reinsurance industry is grappling with the ‘most difficult renewal since 2006’, says Howden Analytics’ boss
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Baden Baden: Cedants demand extra €1 billion in limit - Hannover Re
Inflation, losses and demand for additional nat cat capacity in the German market alone will see rates rise substantially
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Baden Baden: Cedants must dramatically increase retentions
As reinsurance capacity retreats and inflation soars, insurers must be prepared to retain more risk - Swiss Re
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New cyber syndicate gets green light from Lloyd’s
Trium Cyber, a risk carrier backed by Jim Stanard’s Pelican Ventures, expects to write $50m of gross premiums in 2023
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