Momentum for Rate Hikes Dissipates During June/July Renewals: Willis Re Report

Article 0 Comments Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to a report published by Willis Re. For example, although most loss-free Florida property accounts were flat, some saw rate declines of up to -7.5 […]

Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield

Article 0 Comments Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year, according to a reinsurance market report published by Aon Benfield. Indeed, capital levels stood at US$605 billion at Dec. 31, 2017, an increase of 2 percent from […]

April Reinsurance Renewals Continue Flat Pricing Seen in January: Willis Re Report

Article 0 Comments Reinsurance buyers were able to renew loss-free programs at broadly flat pricing levels during the April 1 renewals – continuing the trend seen at the January renewals, according to a Willis Re report. Pricing was dampened by the continued amounts of plentiful capacity from both traditional reinsurers […]