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Blackstone-style capital seeking to get closer to source is a net negative for reinsurers.
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The aviation market may prove an outlier following a disastrous year of loss activity.
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Being conservative and stable is the name of the reinsurer’s game.
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Geopolitical turbulence brings new challenges that primary specialty lines carriers urgently need to address.
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Reinsurers and their cedants are feeling their books are in better shape, although the market is still uneven.
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Anticipation, motivation and inspiration are central to effective implementation.
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Reinsurers are ready to draw a line under a worsening claim outlook across the casualty market.
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The carrier M&A cycle has started and reinsurance is a segment where acquisitions work better.
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Swiss Re forecasts more risk transferring to reinsurance and retro markets in the future.
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Terms are expected to hold, underpinning the stronger recent performance of reinsurers.
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Excess capacity will sustain softer rates, as organic growth challenges lead to more M&A chatter.
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Agency reactions ranged from Fitch revising down its sector outlook to AM Best keeping a positive outlook.