January 1 renewals, according to Guy Carpenter, reflected a healthy but evolving market as reinsurers adjusted risk appetite and pricing thresholds for certain sectors in response to ongoing and emerging challenges. Despite this, the majority of placements were ultimately orderly once cedents’ terms were issued, as market participants effectively traded through a dynamic environment.… Continue reading January Reinsurance Renewals Reflect Healthy But Evolving Market
Tag: January reinsurance renewals 2022
Munich Re Expects Rising Reinsurance Prices in Europe
Munich Re expects to see continued market hardening to accompany January renewals The January renewals are particularly important for the European market – major losses and inflation indicate more pricing discipline Due to the character of risks like natural catastrophes, COVID-19, and rising cyber attacks, the role of reinsurance is increasingly transcending risk transfer “Rising… Continue reading Munich Re Expects Rising Reinsurance Prices in Europe