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Ceding commissions remain elevated, but primary rates are improving reinsurer margins. -
Growth vs discipline, smart follow and M&A mean 2025 will be a mixed bag for London.
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Hannover Re’s CEO said the market had been disciplined.
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The reinsurer’s large losses tallied up to EUR1.3bn for the nine-month period to 30 September.
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The broker said the casualty segment is approaching an “inflexion point”.
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The investor has paid in an extra £12.5mn for an additional 5% holding.
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Aon executive Daniele de Bosini said reinforced infrastructure had mitigated the impact of recent disaster events.
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Craig Miller most recently held the role of UK commercial director at Dual Oliva.
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Sweeney was most recently VP at Vantage Risk, as part of a team responsible for the US financial lines business.
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The magnitude of the hurricane may impact reinsurers’ capacity deployment.
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Third-party litigation funding has been linked to rising casualty insurance prices.
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Reinsurers will likely push for double-digit US premium rate increases.
