How long can the reinsurance market defy gravity?​​​​​​​
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How long can the reinsurance market defy gravity?​​​​​​​

Fiona Robertson
25 June 2021
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The reinsurance market experienced its first broad-based rate upturn in 15 years amid the Covid-19 pandemic, but momentum is already ebbing, raising questions over whether sustained market gains can persist into 2022.

Briefly, those who are arguing for ongoing hardening, such as Swiss Re, point towards the post-pandemic risk of inflation sharpening the existing increase in claims cost from social inflation.

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