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Our 2023 coverage
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Arch Re CEO Maamoun Rajeh says renewals need to be more like performance reviews: telegraphed with no surprises, as there is no upside to late games of “chicken”.
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The changes have resulted in as much as 20%-30% increases for certain portfolios, sources said.
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Despite a successful upstreaming of cat risk to primary insurers, reinsurers still have multiple factors to worry about in the run-up to 1 January 2024.
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The group structure would constitute a Bermuda-based rated carrier, and an associated fund structure.