All Hard market articles
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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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News‘Calmer waters’ for UK reinsurance buyers provide broker innovation opportunity
Some reinsurers are described by UK market insurers as ‘opportunistic’ in their bid for growth amid ‘gradual softening’ market conditions, writes Insurance Times editor Katie Scott with additional reportage by GR’s David Benyon.
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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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NewsHardest renewal market in years as industry approaches 1 April
A shortage of capacity in property catastrophe markets has resulted in the hardest market since 9/11
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NewsDWIC 2023: Caught out by the hard market
A DWIC roundtable on underwriting discussed the impact of hardening reinsurance rates and new technology
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NewsHannover Re grows 2022 net income to €1.4 billion
Major losses were offset by investment contributions and a strong performance within life and health reinsurance
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NewsCoalition enters excess cyber market in the UK
The additional capacity will help more businesses get the coverage they need to protect themselves from digital risks
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NewsDWIC 2023: Time for emerging markets to shine
A dearth of cheap and plentiful reinsurance capacity could force emerging insurance markets to mature more rapidly
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NewsNat cats will continue to test reinsurers in 2023 - Moody’s
However, strong price increases coupled with higher investment income from rising interest rates will boost profitability
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NewsGCC insurers benefit from strong premium growth
S&P expects a modest uptick in earnings if insurers continue to reprice underperforming business
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NewsMunich Re exceeds 2022 profit guidance
Reinsurer targets €4 billion profit in 2023 as chairman Wenning praises firm’s resilience after €1.6 billion Ian hit
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NewsWill this ‘circuit breaker’ market win back capital?
The perfect storm of 2022 has nourished the green shoots of investor optimism in 2023
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NewsBrit increases cyber consortium capacity by 50%
The product is designed to protect clients from the impact of physical damage arising from cyber-attacks
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NewsCat bond outlook bullish as hard market continues
ILS instruments have a “greater role to play” as reinsurers restrict catastrophe coverage
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NewsHannover Re sees property cat rate hikes of 30%
Prices and conditions ’not seen in decades’ was present at 1 January, as reinsurer looks to mid year
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NewsSCOR rebalances book during ‘best market in decades’
Reinsurer further reduces exposure to natural catastrophe risks by 14% at 1 January
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NewsCoalition launches ‘full-stack’ cyber insurer
A- rated carrier will target small businesses and brokers and is backed by Coalition’s Active Insurance platform
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NewsSwiss Re’s three renewals takeaways
Capacity conundrums, late negotiations, rate increases and tighter wordings all came into play at 1 January
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NewsConsilium launches facultative reinsurance offering
Simon Richardson has been appointed managing partner of the division and joins from Besso Re
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NewsArcadian Risk Capital and Aviva in multi-year property binder
The target portfolio will be worldwide industrial and commercial property, mostly written on an excess-of-loss basis
