Reinsurance Sector ‘Stable’ Despite Major Headwinds: AM Best September 14, 2020 By Adrian Leonard The tailwinds propelling the global reinsurance sector are sufficient impetus for the ratings agency AM Best to retain its stable...
Fitch’s Reinsurance Outlook Remains Negative, Despite Entry into Hard Market Phase September 11, 2020 By Adrian Leonard Fitch Ratings said yesterday its ratings outlook for companies in the global reinsurance sector will continue to remain negative as...
Reinsurance Sector Can Expect More Negative Rating Actions over Next Year: S&P September 9, 2020 By Adrian Leonard Despite the global reinsurance sector’s “robust capital position” and “very high rate rises,” which are expected to “carry on for...
Social Inflation, Low Interest Rates, Rising Catastrophes: Recipe for a Hard Market September 9, 2020 By L.S. Howard Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely...
Reinsurance Capital Dips 6%, Tightening of Capacity Accelerates: Aon July 16, 2020 By Susanne Sclafane Global reinsurance capital fell 6% to $590 billion for the first quarter of 2020, Aon reported in its June/July Reinsurance...
What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims July 8, 2020 By Susanne Sclafane How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance...
Pandemic-Hit Re/insurers Expect a Costly Hurricane Season – and Rates Are Rising June 1, 2020 By Carolyn Cohn The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already...
Reinsurers Will Fail to Earn Cost of Capital in 2020, Leading to More Rate Hikes: Fitch May 27, 2020 Global reinsurers will fail to earn its cost of capital in 2020 amid the coronavirus crisis, which will help maintain...
Complex Financial Products Aren’t the Solution to Climate Change or Pandemic: Opinion May 8, 2020 By Kate Mackenzie, Bloomberg Opinion Almost exactly four years ago the World Bank announced a pioneering project, the Pandemic Emergency Financing Facility, designed to develop...
Global Reinsurers See Robust Capital Growth of 15% in 2019: Willis Re April 29, 2020 Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth, according...