Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth. This was primarily driven by 2019’s strong investment market performance and was achieved despite a 3% contraction in alternative capital, according to the latest Reinsurance Market Report from Willis Re, the reinsurance business of leading global… Continue reading Global Reinsurers Grew Capital Robustly in 2019, Although Underlying Returns Remain Low: Willis Re
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Swiss Re: More Rate Increases Expected for Sustainable Reinsurance Industry
Swiss Re expects further rate increases for loss-affected and underperforming businesses and broadly stable rates in other areas, amid continued capital abundance in the reinsurance market. To ensure a long-term sustainable reinsurance market, further rate increases are needed. The hurricane season that is now upon us highlights the importance of having prices that adequately reflect… Continue reading Swiss Re: More Rate Increases Expected for Sustainable Reinsurance Industry