Content from L.S. Howard
Reinsurers’ Performance Keeps Improving: Gallagher Re
Reinsurers reported "a robust increase" in their capital base, improved underwriting profits as well as higher returns on equity and investment income, according to a ...
Reinsurers’ Cyber Rates Expected to Rise as They Seek to Regain Profitability: S&P
More cyber reinsurance rate increases can be expected as reinsurers seek to regain underwriting profits in their cyber portfolios, according to a report published by ...
How Reinsurers Can Win in the Game of Volatility
Successful reinsurance businesses strive for profit stability while promising to reduce the volatility that their cedents experience.
But ...
The Care and Feeding of Property-Catastrophe Models
A wise statistician once said: "All models are wrong, but some are useful." The key to getting useful (accurate) model results is working with models that fit specific ...
Loss Trends for Severe Convective Storms
Loss trends for severe convective storms (SCS) have increased over the past 15 years and even more during the past five years, according to Dan Dick, global head of ...
Top 15 Non-Life Reinsurers: AM Best’s Latest Ranking
Munich Re still holds the top spot on AM Best's annual ranking of global reinsurance groups but Hannover Re took the No. 2 position in a ranking based solely on non-life reinsurance premium volume. ...
Not Your Grandpa’s Hard Reinsurance Market; Profits Return, Discipline Stays
The current property-catastrophe reinsurance market is one of the hardest in decades—and very different from previous ones, a new AM Best report notes, also predicting that underwriting discipline ...
Severe Convective Storms Dominate Insured Natural Disaster Losses in H1: Swiss Re
Global natural catastrophes cost insurers $50 billion in the first half of 2023, (H1 2022: $48 billion), with most of the losses stemming from severe convective storms, ...
Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re
Natural disasters during the first half of 2023 cost insurers an estimated $43 billion with an overall economic price tag of $110 billion, according to Munich Re.