Analysis
Analysis
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Conditions remain favourable for underwriters but uncertainty remains on whether the recession will lead to a flood of claims.
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Economic headwinds combine with high valuations to create greater impetus for intermediary sales.
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This publication looks at 10 issues that will shape the industry in the year ahead, from rate sustainability to start-up progress to the post-Covid recovery.
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The AJ Gallagher report says multiple potential claims could take current loss levels well above the $330mn already known about.
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Nearly 75% of StarStone International senior underwriting staff are now in new roles.
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Retro rates are at an eight-year high, according to the broker.
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The broker’s 1st View report said rate change may have disappointed some reinsurers but remediation focused on specific stressed pockets of business.
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US cat renewals are outpacing European increases, but as signalled earlier this month, the level of rate hikes has fallen back.
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There will be significant movements in the ranks of the top 10 syndicates in 2021, with Brit moving into second place and Axa XL tumbling to 7th.
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Further analysis of our annual survey reveals the biggest movers in the market and the combined impact of new entrants for 2021.
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A full breakdown of stamp capacity movements for 2021 from this publication’s annual survey.
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The client tool will provide real-time data on pricing, profits and claims.
