All Renewals articles – Page 4
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NewsUpcoming renewals will be ‘much more challenging’ due to inflation – Munich Re
The demand for capacity ‘will be an issue’ at the next renewal too, says reinsurance chief executive
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NewsFitch maintains neutral outlook for reinsurance sector
Despite increasingly challenging macro financial headwinds, global reinsurers have improved GWPs and combined ratios
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NewsDon’t expect a ‘business-as-usual’ renewal, warns Aon
The broker urges reinsurers to adjust their risk appetites and tells buyers to get creative as market dislocation continues
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NewsReinsurance market reaches ‘a tipping point’ - Howden
Risks are escalating as the world lurches from one crisis to another, bringing about a fundamental shift in supply and demand, warns broker
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NewsGR Main Edition 2022: Disrupting the Oligopoly
As market practitioners prepare to meet once again in Monte Carlo, the current headwinds are undoubtedly challenging… but they are not insurmountable.
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NewsCyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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NewsHannover Re reports combined ratio of 99% in H1
The reinsurer is maintaining its profit guidance after generating group net income of €649 million in the first six months
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NewsFLOIR's warning as Demotech moves to downgrade 17 carriers
Florida Office of Insurance Regulation slams the move; says rating agency is exerting ’coercive influence’
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NewsMid-year renewals: Inflation takes its toll
Pricing was near “distress levels” at mid-year as reinsurers face their toughest market since 2008, says Gallagher Re
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NewsBuyers faced “near-perfect storm” at 1 July
Alternative capital set for robust year as traditional capital decreases, states Aon
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NewsPressure builds ahead of mid-year renewals
Most monoline Gulf carriers were not able to complete their catastrophe reinsurance treaties, including Citizens
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NewsHeritage details cat reinsurance program
Reinsurance to Assist Policyholders (RAP) program unnecessary despite ’deteriorating capacity for Florida risk’
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NewsRates up 20% to 30% at ‘Florida book’ renewals
Some carriers are exiting business to make their catastrophe reinsurance more affordable
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NewsPool Re slashes rates for terrorism cover
UK terrorism pool has announced the most significant reduction in its reinsurance pricing for 20 years
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NewsHannover Re reveals ‘higher than expected’ losses in Q1
The reinsurer’s combined ratio in property and casualty reinsurance increased to 99.5%
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NewsFlorida property insurers under “immense pressure”
Elevated reinsurance costs, coupled with higher loss and litigation costs, are challenging Florida property insurers - AM Best
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NewsCommercial rates rise for the 18th consecutive quarter
Hard market is beginning to moderate but inflationary pressure could impact pricing going forward - Marsh
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NewsSIRC 2022 will be an in-person event
The reinsurance conference is returning on 31 October to 3 November at Singapore’s Sands Expo & Convention Centre
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NewsOrderly renewal at 1 April - Gallagher Re
Capacity largely sufficient in most classes as inflation becomes a key topic
