Rates failing to keep up with loss costs, warns Munich Re’s Levy Improvements in pricing are not enough to match the spike in loss costs.
Reinsurance leaders must start walking away for harder market: Rousseau The Scor Global P&C deputy CEO said the firm would deploy more capital into specialty insurance.
European reinsurers brace for squeezed returns as retro costs set to bite There is little expectation that reinsurers will be able to push European cat pricing at 1.1.
Japan’s big three head for FY profit despite cat losses: AM Best The ratings agency says recent cat events could breach the carriers’ loss budgets.
Fidelis ramps up in airline and space as rates surge The book is currently being overseen by CUO Richard Coulson, but sources expect a team to be recruited.
