July 1 renewals Archives - Carrier Management

Midyear Prop-Cat Re Capacity Down For First Time in Decades: Aon

For the first time since the devastating U.S. hurricanes of 2004 and 2005, property-catastrophe capacity contracted during the June/July reinsurance renewal period, Aon said in a new report released ...

Property Catastrophe Reinsurance Rate Hike Momentum Sputters: Willis Re

Any momentum for property catastrophe reinsurance rate hikes in place earlier this year has largely dissipated during the June/July renewals, and some pricing has even dipped, Willis Re said in its ...

Reinsurance Market Softening Slows; Rate Stabilization Remains Elusive: Willis Re

The June/July 2016 renewal season has seen a continuation in market softening, though the magnitude of rate reductions is slowing, according to the latest 1st View Renewals report from Willis Re, the ...

Guy Carpenter: July 1 Renewal Rates Declined on Many Fronts

Insurance policy renewals as of July 1 declined by double digits in a number of lines and regions around the world, Guy Carpenter reported in a July 7 update. The market assessment echoes those made ...

‘Breakaway’ Pricing Seen From Capital Markets Pressuring Traditional Re

With third-party investors putting increased levels of capital into catastrophe bonds, sidecars and collateralized reinsurance, pricing in the capital markets is now, for the first time, "decoupled" ...

U.S. Property Cat Re Prices Down As Much As 25%, Casualty Softening: Willis Re

Reinsurers are taking "robust defensive measures to maintain market positions recently eroded by new capital markets entrants," with prices down 25 percent on some Florida property accounts, Willis ...