Global Risk Manager’s Post

Reinsurance prices are expected to continue to rise across all lines in 2024, reflecting ongoing claims inflation, particularly in property lines, and somewhat more limited reinsurance capacity, according to Moody’s. Its annual survey of 42 global property and casualty reinsurance buyers revealed that most respondents do not intend to purchase more reinsurance protection in 2024, suggesting that primary insurers will absorb a greater share of future losses, said Moody’s. For this and other #reinsurance news see 👉https://ow.ly/jVkz50PHSfU #reinsurancenews #reinsurancerises Moody's Analytics

Reinsurance prices are expected to continue to rise across all lines in 2024, reflecting ongoing claims inflation, particularly in property lines, and somewhat more limited reinsurance capacity, according to Moody’s. Its annual survey of 42 global property and casualty reinsurance buyers revealed that most respondents do not intend to purchase more reinsurance protection in 2024, suggesting that primary insurers will absorb a greater share of future losses, said Moody’s. For this and other #reinsurance news see 👉https://ow.ly/Zcmi50PHSfY #reinsurancenews #reinsurancerises Moody's Analytics

Reinsurance prices are expected to continue to rise across all lines in 2024, reflecting ongoing claims inflation, particularly in property lines, and somewhat more limited reinsurance capacity, according to Moody’s. Its annual survey of 42 global property and casualty reinsurance buyers revealed that most respondents do not intend to purchase more reinsurance protection in 2024, suggesting that primary insurers will absorb a greater share of future losses, said Moody’s. For this and other #reinsurance news see 👉https://ow.ly/91hA50PHSfZ #reinsurancenews #reinsurancerises Moody's Analytics

Reinsurance prices are expected to continue to rise across all lines in 2024, reflecting ongoing claims inflation, particularly in property lines, and somewhat more limited reinsurance capacity, according to Moody’s. Its annual survey of 42 global property and casualty reinsurance buyers revealed that most respondents do not intend to purchase more reinsurance protection in 2024, suggesting that primary insurers will absorb a greater share of future losses, said Moody’s. For this and other #reinsurance news see 👉https://ow.ly/PON550PHSfT #reinsurancenews #reinsurancerises Moody's Analytics

Reinsurance prices are expected to continue to rise across all lines in 2024, reflecting ongoing claims inflation, particularly in property lines, and somewhat more limited reinsurance capacity, according to Moody’s. Its annual survey of 42 global property and casualty reinsurance buyers revealed that most respondents do not intend to purchase more reinsurance protection in 2024, suggesting that primary insurers will absorb a greater share of future losses, said Moody’s. For this and other #reinsurance news see 👉https://ow.ly/9paK50PHSfW #reinsurancenews #reinsurancerises Moody's Analytics

Reinsurance prices will likely continue to rise across all lines in 2024 by mid-single digits due to ongoing claims inflation and limited new reinsurance capacity, according to global property and casualty (P&C) reinsurance buyers in Moody’s annual survey. 👉 See more on insurance: https://lnkd.in/dQ8Buajv

High-frequency, low-severity weather and catastrophe events are causing severe stress for some US carriers. Increased climate activity is just part of the problem, with economic and social inflation driving up losses. Carriers are retaining more losses than they would like as reinsurers’ appetite for lower attachment points and aggregate covers remains limited. Alongside corrective actions on their portfolios, some are turning to non- traditional reinsurance solutions designed to meet carriers’ needs on terms capacity can support. Branch Insurance is among the carriers that adopted a new risk transfer solution at 1.1 2024, in an SCS reinsurance transaction structured by Demex and brokered by Gallagher Re. https://buff.ly/3X56hib

Mid-year renewals reflected a transitioning reinsurance market meeting demand in a dynamic trading environment. Loss-free property programs generally saw easing of pricing, even as demand increased. While casualty programs were also completed with adequate capacity, pricing and underwriting scrutiny persisted due to a variety of market trends. To view the complete mid-year renewal press release and additional insights, please visit our Renewal Resource Center. I invite you to enjoy this mid-year infographic! #midyear #reinsurance #guycarpenter

The January 2024 reinsurance renewals showed moderate price increases across most lines of business due to balanced supply and demand dynamics, according to Moody’s. Going forward, the ratings agency said reinsurance pricing is expected to remain firm but not move higher, in the absence of large #catastrophe losses. More here 👉 https://ow.ly/bxsq50QtY0C #Reinsurance Moody's Corporation #reinsurers

The January 2024 reinsurance renewals showed moderate price increases across most lines of business due to balanced supply and demand dynamics, according to Moody’s. Going forward, the ratings agency said reinsurance pricing is expected to remain firm but not move higher, in the absence of large #catastrophe losses. More here 👉 https://ow.ly/xCr850QtY0F #Reinsurance Moody's Corporation #reinsurers