-
The market was divided about the outlook for 2022, with some predicting a substantial reduction in rates.
-
The pricing outlook is murky with few FoTs in the market, but payback for Bernd is certain.
-
Primary rates move before reinsurance, cedes fall in a hard market and cat is subsidised by casualty.
-
A new market survey sheds light on the disparity in pricing and approaches to ransomware as the cyber market remediates.
-
The Hannover Re subsidiary said the event would incur insured losses in Germany alone of “well in excess” of EUR8bn.
-
While much of the conversation surrounding inflation lately has focussed on the threats, last week’s Inside P&C North America conference brought the other side of the coin back into focus.
-
Increasing cat losses, combined with social inflation, put ESG and climate change at top of the mind even as the market sees strong growth, says Guy Carpenter’s John Trace.
-
The broker expects a slowdown in price rises to continue for the rest of the year.
-
The state body supporting earthquake cover has seen risk transfer requirements swell over the past decade.
-
“When you deploy property aggregate, the return you need on that is meaningful in light of the risk that you’re assuming,” Zaffino said Thursday. “I’m not sure if a plus mid-single digit [rate increase] gets you there in light of the [loss activity] we’re looking at.”
-
The Convex CEO said that the reinsurance market was yet to accept the true scale of its Covid-19 exposure.
-
This current hard cycle in cyber is potentially a once-in-a-generation opportunity to engineer the product as fit for purpose.