2021 renewals News

SCOR CEO Expects Double-Digit Reinsurance Rate Hikes in January Renewals

Reinsurance rates are likely to rise in the double-digit percentage point range at key contract renewals in January, Denis Kessler, chairman and chief executive of the French reinsurer SCOR, said on Wednesday. SCOR, one of the world’s largest reinsurers, has …

Reinsurers Enter January Renewals, Focusing on Underwriting Discipline: Carpenter, Aon

Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers unless pricing and terms and conditions meet specific thresholds, according to Lara Mowery, global head of distribution, Guy Carpenter. For …