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Many insurers have cut back lines in Lebanon, although larger insured sums are at stake in Israel. -
Sources expect significant loss amplification in the claims that will come from Georgia, the Carolinas and Tennessee.
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The Category 4 event will highlight the impact of recent market hardening.
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Loss-free accounts are expected to be oversubscribed by as much as 140%.
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This is the first major update to the misconduct framework since enforcement powers were introduced in 2005.
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M&A levels have increased 23% year-to-date compared to 2023, according to Gallagher Specialty.
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Construction rates remain stable with some talk of potential softening.
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The marine market is challenged by global warfare, supply chain breakdown and the complicated energy transition.
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Treaty premiums have risen, while casualty premiums remain restrained.
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Legal trends, the primary pricing micro-cycle and other factors all play into an opaque outlook.
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Sources said that for reinsurers to meet this demand, they will need to get comfortable analysing and evaluating systemic and aggregate risk.
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Negotiations are getting tougher, but overall market capacity is stable.
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