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Delegates say pricing momentum must continue to support a more sustainable market.
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The report suggests a continuation of upward D&O pricing momentum recorded in the first quarter.
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US commercial insurance pricing increased by 4 percent in the second quarter, according to the broker.
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The reinsurer also reiterates optimism about the 1.1 renewals.
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The CEO said in three years the third-party capital platform could support risk from across the parent group. -
The Insurance Insider takes a look at reinsurance market dynamics after “near-miss” Dorian.
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2019 returns have recovered but until underlying conditions change more, new capital is not expected to flow in.
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However, analysts said there was more capital waiting on the sidelines to enter the turning market.
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The ratings agency said over-capacity could snuff out recent pricing momentum.
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Despite shrinkage of the overall pool, new capital providers have entered the market in recent months, the ratings agency said.
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The action reflects Mexico’s foreign currency sovereign rating.
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The CIAB methodology makes the survey headline numbers less interesting than they might appear.
