Casualty Proved to Be a Strong Diversifier for Reinsurers: Aon

July 21, 2021

Casualty is proving its value as a good diversifier for reinsurers, especially given the positive primary rate movement seen in recent years, according to an Aon report.

The combination of challenged property experience, robust primary casualty rate levels and thoughtful original limits management are making casualty a worthy diversifier for reinsurers, said the July edition of Aon’s “Reinsurance Market Outlook.”

The report provided a summary of themes that existed on many casualty renewals at July 2021, which included the following:

Aon’s Reinsurance Aggregate report analyzes the following companies: Alleghany, Arch, Argo, AXIS, Beazley, Everest Re, Fairfax, Hannover Re, Hiscox, Lancashire, Mapfre, Markel, Munich Re, QBE, Qatar Insurance, RenRe, SCOR, SiriusPoint, Swiss Re and W.R. Berkley.

Source: Aon

*This story ran previously in our sister publication Insurance Journal.