Reinsurance renewals at January 1, 2020 were shaped by deteriorating loss experience, a lack of new capital inflows and increasingly challenged environments in the primary insurance and retrocession markets, according to Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a business of Marsh & McLennan Companies. In its initial view… Continue reading Guy Carpenter: January 1, 2020 Reinsurance Renewals Reflect Asymmetrical Market
Tag: reinsurance capacity
Willis Re: Reinsurance Markets Diverge at January 1 Renewal Period
Reinsurers have been judicious during the 1.1 renewal period, leading to significant pricing and capacity variance depending on geography, product line, loss record, and individual client relationships. As a result, the renewal season has concluded later than in previous years, according to the latest 1st View renewals report from Willis Re, the reinsurance division of… Continue reading Willis Re: Reinsurance Markets Diverge at January 1 Renewal Period