Global reinsurance market survey – H2 2019
Reinsurance News teamed up with our sister insurance-linked securities (ILS) focused publication Artemis to take the temperature of the global reinsurance market with our second market survey.
The survey received hundreds of responses all from identifiable market participants, as we felt it was vital to ensure respondents were real people and so opted against an anonymous poll.
The survey results suggest that reinsurance demand will continue to rise but suppliers may be demanding and price is expected to remain an important bargaining factor at the key January 2020 renewal season.
Generally, pricing expectations proved much more positive in our 2019 survey, with increases anticipated across many lines of reinsurance business at January 2020.
We also asked respondents about the challenges they have faced and what is going to be important as we move into 2020 and beyond.
Our latest survey was conducted in the third-quarter of 2019 by direct outreach to senior reinsurance industry contacts and through the global readerships of both Reinsurance News and Artemis, with numerous responses received from reinsurance market CEO’s and other senior decision makers.
In total over 72% of the respondents provide input to, or are responsible for making, reinsurance buying decisions.
The full results of the global reinsurance market survey provide a useful test of the temperature of the industry at this key time of year, offering insight on sentiment and expectations as we move towards the January 2020 reinsurance renewals.
We’ve made the full results of this global reinsurance market survey freely available to our readers and we’re happy to discuss the results with industry participants and to discuss sponsorship enquiries from those looking to raise their profile in the reinsurance sector. Contact us here.