While reinsurance property lines might still be enjoying hard market conditions, the situation for casualty re/insurers is more complex. Increased competition has driven rates down while loss costs, driven by economic inflation, social inflation, higher loss values and economic turbulence, have increased. The tailwinds carriers enjoyed are now turning – into noticeable headwinds. Meanwhile, concerns about adequate reserving are emerging as are worries over investment portfolios. Don Bahr and Alan Dowling are part of an upcoming Intelligent Insurer webinar that will examine the complexities of casualty business ahead of another renewal. Register here: https://bit.ly/3XUUgwj.
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Register to join me, my colleague Alan Dowling, Randy Stanco, and Jim Walsh on July 10: https://bit.ly/3XUUgwj. During the webinar we will discuss the casualty landscape, while also drilling into workers’ comp, D&O, transactional liability, cyber, and general casualty business. The discussion will focus on the importance of discipline in these turbulent times.
While reinsurance property lines might still be enjoying hard market conditions, the situation for casualty re/insurers is more complex. Increased competition has driven rates down while loss costs, driven by economic inflation, social inflation, higher loss values and economic turbulence, have increased. The tailwinds carriers enjoyed are now turning – into noticeable headwinds. Meanwhile, concerns about adequate reserving are emerging as are worries over investment portfolios. Don Bahr and Alan Dowling are part of an upcoming Intelligent Insurer webinar that will examine the complexities of casualty business ahead of another renewal. Register here: https://bit.ly/3XUUgwj.
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Reinsurance cost of capital: still a high bar to clear. The hard market has yet to put claim cost trend fully in the rear-view mirror: AM Best. https://ow.ly/bYYP50PFMN9 #insurance #reinsurance #cost #capital #hardmarket
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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/GhWK50PHSfV #reinsurancenews #reinsurancerises Moody's Analytics
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Hard reinsurance market may have weakened some cedents. Retail carriers were highly likely to trim coverage, opening the door to earnings volatility. https://ow.ly/PlGx50PbitE #insurance #reinsurance #market #retail #creditrating Morningstar
Hard reinsurance market may have weakened some cedents
intelligentinsurer.com
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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
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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
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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
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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
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ANALYSIS: Weather, inflation, regulation and challenges in the reinsurance market are leaving many US carriers highly exposed to attritional losses. For some, the actions needed to get loss ratios back on track could include purchasing new forms of reinsurance. The Insurer
Non-traditional reinsurance among remedial measures for US carriers as frequency perils bite
https://www.theinsurer.com
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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
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