Pricing ‘in the eye of the storm’ amid widespread under-reserving: Catlin
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Pricing ‘in the eye of the storm’ amid widespread under-reserving: Catlin

Samuel Casey
06 September 2021
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The reinsurance market has yet to accept the true scale of its casualty and Covid-19 exposure, and widespread under-reserving means pricing improvements are likely to continue, according to Convex CEO and chairman Stephen Catlin.

The market veteran told Insurance Insider’s (Re)Connect conference that there was around $100bn of exposure to both casualty and Covid-19, but market-wide reserving was only $25bn and $35bn, respectively.

“It

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Samuel Casey
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