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Mar 12, 2024 Share. “Cautious optimism” best summarises the mood of the reinsurance market in early 2024, according to Chris Killourhy (pictured), who stepped into his role as managing director...
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Terms and conditions for reinsurance coverage are rapidly becoming more strict, particularly after the wave of lawsuits against insurers, which refused to pay out for …
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The latest reinsurance news for reinsurers, insurers, brokers and service providers.
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Sep 17, 2024. MONTE CARLO, Monaco – Commercial reinsurance property rates have peaked as new capacity entered the market over the past year …
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Reinsurance news for professionals in the USA. Understand the market dynamics and trends shaping the reinsurance landscape, and hear from key leaders.
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Insurers are in the middle of negotiations with reinsurers, which are trying to boost rates by 10% to 30%. Nearly two-thirds of U.S. property-catastrophe coverage …
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LONDON, July 3 (Reuters) - U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, …
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Mega reinsurers to merge in $11B deal. An Insurer of One’s Own? It’s Possible, With Caveats. Reinsurance.
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Property insurers buy reinsurance and catastrophe bonds to hedge against risks. Being able to offload a portion of risk is vital for insurers when big storms hit.
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TALLAHASSEE, Fla. – As Florida gets ready to enter the thick of hurricane season, property insurers have seen improvements in the market for reinsurance — …
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