All 1/1 articles
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NewsA new baseline for reinsurance has been reached - Everest Re
In the current environment, global risk-adjusted returns are expected to remain favorable at 1/1 and throughout 2025, says Jill Beggs, Everest Reinsurance executive vice president and chief operating officer.
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NewsHannover Re: ‘Continuing trend’ of hardening reinsurance terms
The reinsurer said that there was a ‘movement towards stabilisation generally’ at its RVS 2024 briefing in Monte Carlo.
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NewsSwiss Re calls for underwriting discipline after strong renewals
The reinsurer wants to keep pressure on underwriting discipline this year, after a successful 2023, with $3.2bn profit and a 22% RoE.
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NewsHannover Re confirms 2024 guidance after “satisfactory” 1/1
The German insurer reiterated it expects reinsurance revenue to grow more than 5% this year, after further improvements in terms and conditions and sustained attractive prices at renewals.
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NewsWhere does the market go from here? – interview with Howden Tiger’s David Flandro
David Flandro, head of industry analysis and strategic advisory, Howden Tiger, spoke to GR about the reinsurance broker’s view of where the market is heading after its most recent 1/1 renewal.
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NewsMoody’s expects “firm” April and July renewals
1/1 reinsurance renewals showed moderate price increases across most lines due to balanced supply and demand, according to ratings firm Moody’s.
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NewsFitch upbeat on Bermuda reinsurance market in 2024
Bermuda reinsurers’ “returns peaking”, to remain favourable in 2024, the rating agency said.
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NewsGuy Carpenter’s RoL index for property cat up by 5.4% globally at 1/1
At the 1/1 reinsurance renewals, Guy Carpenter’s global rate-on-line index increased by an estimated 5.4% year-on-year.
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NewsSmooth 1/1 helped by reinsurer profits, higher pricing across retro and primary markets
Global reinsurance capital surpassed $635bn at the nine-month point of 2023, according to Aon.
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News1/1 renewal stable, showing stronger supply dynamics – Howden
Reinsurance renewals in January 2024 saw a market adjusting to a period of extraordinary cyclical and structural change, according to Howden’s briefing.
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NewsSmoother 1/1 with motivated market and more capital – Guy Carpenter
Renewals characterised by ample capacity and a commercial approach to trading partnerships, albeit with continued underwriting scrutiny for casualty, cyber and SRCC, according to the broker.
