Reinsurance
Repeat of 1/1/2023 Reinsurance Hikes Unlikely As Reinsurers Take Milton Hit
Reinsurers will have some meaningful losses from Hurricane Milton but a replay of the shocking price hikes cedents experienced during Jan. 1, 2023 renewals isn't likely to repeat for 2025, Fitch ...
Small Track Changes Drive $70B+ Swing in Milton Insured Loss Estimates
Insured losses from Hurricane Milton could sit anywhere within a $70-plus-billion range extending from $9 billion to $85 billion, experts from CoreLogic said yesterday afternoon, at least nine hours ...
Experts Predict Impacts of $20-$25B+ Milton Hit to Insurers, Reinsurers
A wide cone of uncertainty surrounds insurance experts' pre-landfall predictions about the state of the industry that will prevail in the aftermath of Hurricane Milton, with most viewing it as a $20 ...
Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk
While the Lloyd's market reported its best first-half profit in 17 years, it isn't resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified. ...
Reinsurers Open for Business—Even U.S. Casualty, Execs Say
Although Monte Carlo convos about reinsurer appetites for U.S. casualty business prompted some flashbacks to the 1980s, reinsurance company executives who spoke after the Rendez-Vous de Septembre ...
Broker Exec Decodes Property Reinsurer Speak: ‘We Want to Grow’
When the president of Aon attended the Rendez-Vous de Septembre, he came away with a forecast hidden behind the words reinsurers were explicitly delivering. "Each of the reinsurers led every meeting ...
Filling a Perceived Void, Aon Launches U.S. Severe Convective Storm Model
Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul ...
Reinsurers Reach Peak Performance as Market Stabilizes; M&A on Hold
The reinsurance market has reached an equilibrium, with increased capital supply from accumulated earnings meeting higher demand for reinsurance protection from cedents. As such, margins will peak in ...