Lines of business

European property cat rates stabilised and, in some cases, decreased this year following corrections in 2023.

More public-private partnerships are needed to keep cat risk affordable.

Uncertainty around court outcomes is almost forcing carriers to settle claims.

Continental cedants are looking for support for third and fourth events.

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.

Syndicate 318 has been expanding into specialty classes over the past few years.

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.

Areas with growing demand and complexity include natural catastrophe and cyber, it said.

The Flex consortium will offer up to EUR/$50mn limit.

Capital diversity can only be achieved when there are more options for third-party providers to access.

Cedants and brokers called for long-term relationships as reinsurers addressed loss creep.

Craig Miller most recently held the role of UK commercial director at Dual Oliva.