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Jul 6, 20233 min read
REINSURANCE MARKET CONTINUES TO RECALIBRATE AT MID-YEAR 2023 RENEWALS
Catastrophe bond market is experiencing record highs for issuance and total outstanding notional amount for first half of the year New...
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Jul 5, 20232 min read
Reinsurance terms remain hard in 1 July renewals
Insurance companies that renew their reinsurance agreements in the current July season face continued strict conditions from reinsurers...
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Jul 4, 20232 min read
Capacity stable at Australia & NZ mid-year renewals as insurers adjust to higher retentions: Aon
Insurers in Australia and New Zealand are adjusting to higher net retentions as reinsurers continue to move away from frequency risk amid...
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Jul 3, 20232 min read
GAIF launches bid to pool Arab underwriting capacity for natural disaster risks
The General Arab Insurance Federation (GAIF) has launched an initiative to pool the Nat CAT underwriting capacities of insurers at the...
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Jun 30, 20233 min read
Reinsurance market sees orderly renewals at mid-year
After a turbulent 1 January renewal season, which saw a major shift in reinsurer appetite, a sense of order returned to renewals at the...
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Jun 29, 20232 min read
Investors' demand for better returns hardens reinsurance market
Reinsurance rates are up across the board, especially in the short-tail lines (property and property catastrophe), panelists told...
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Jun 19, 20232 min read
The reinsurance hard market continues
By Michael F. Rellosa IN previous columns, I mentioned that we are amid an unprecedented hard market as far as natural catastrophe (Nat...
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Jun 14, 20235 min read
Why insurance companies are pulling out of California and Florida
and how to fix some of the underlying problems When the nation’s No. 1 and No. 4 property and casualty insurance companies – State Farm...
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