-
Non-proportional business accounted for 34% of its total. -
The reinsurance attaches at $7bn, unchanged for the past two years.
-
The broker said the market had entered a ‘new normal’ after $2bn+ losses
-
It has been a “good” bad renewal for cat reinsurers, with attachments likely to endure in the medium term.
-
Innovation will become more important to sustain strong results absent pricing tailwinds.
-
In Partnership With Allianz CommericalFollowing several years of stellar returns for reinsurers, what does this year's January renewal pricing swing mean for clients?
-
Many cedants secured aggregate and subsequent coverage at 1 January.
-
The carrier said reinsurance was a key component of its “low-volatility strategy”.
-
Reserves are likely to be set following initial court rulings this year.
-
Attachment points are unlikely to return to pre-correction levels any time soon.
-
The reinsurance market is now in a healthy, stable condition, according to Gallagher Re.
-
