The reinsurer said the market was unprofitable and pricing needed to increase immediately.

The executive also addressed the impact of the US tariffs.

Its 2025 programme exhausts at $9.5bn excess $1bn.

European storm Boris could have taken a much worse toll on (re)insurers, but improvements to infrastructure and underwriting standards made it less impactful than it could have been, Daniele de Bosini, strategic growth leader for EMEA at Aon reinsurance solutions, told Insurance Insider in a live video interview at Baden-Baden.

Jens Melhorn, Head of Property Treaty for EMEA at Swiss Re discusses key reinsurance topics, including global conflicts, natural catastrophe trends, and the growing need for public-private partnerships to keep insurance affordable.

European casualty business is not exposed to the challenges of the US market, with its social-inflation pressures, Aon co-CEO of reinsurance solutions EMEA Tomas Novotny reiterated during a video interview with Insurance Insider at this year’s Baden-Baden conference.

Sharry Tibbitt discusses stability, secondary perils, and innovation in property reinsurance markets.

Everest's New Chief Global Broking Officer & Head of Global Facultative Business highlights the evolving dynamics in reinsurance, broker relations, and the facultative market.