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RVS
No real concern for property cat rate declines ahead of 1/1: Peel Hunt
22nd September 2025
Peel Hunt, a UK-based equity research and advisory firm, reports that there is no significant concern over rate declines in property catastrophe at 1/1, even in the event of a benign hurricane season. According to Peel Hunt analysts, during the Monte Carlo Rendezvous, reinsurance carriers offered “very little” pushback to brokers’ ... Read the full article
Bermudian reinsurers forecast modest property cat rate decreases at 1.1 renewals: KBW
13th September 2024
With both supply and demand for reinsurance coverage on the rise, Bermudian reinsurers expect property catastrophe reinsurance rates to be flat to mid-single-digit risk-adjusted decreases at the January 1st, 2025 renewals, according to analysts at KBW. Following meetings with 20 companies at the recent 2024 Reinsurance Rendezvous, KBW analysts noted that ... Read the full article
Re/insurance industry to play key role in stabilising society in uncertain times: Lloyd’s CEO
9th September 2024
Speaking in PwC's executive breakfast briefing at the 66th Rendez-Vous de Septembre (RVS) in Monte Carlo, Lloyd's CEO John Neal emphasised the critical nature of the re/insurance market, noting that perhaps for the first time ever, it has a massive role to play in stabilising society. The CEO of the specialist ... Read the full article
Tight market to persist amid rise in demand for protection: Peak Re CEO Hahn
12th September 2022
While it remains too early to predict how the January 1st, 2023, reinsurance renewals will develop in Asia, current trends suggest that tight market conditions will persevere as demand for protection rises, according to Franz Josef Hahn, Chief Executive Officer (CEO) of Hong Kong domiciled reinsurer, Peak Re. Reinsurance News spoke ... Read the full article
If you are just deploying technology to a broken process, it’s still a broken process: Xceedance
12th September 2022
As carriers and brokers embark on technology transformations, one of the key considerations is to review the existing process, and look at how it can be optimised and how you can apply technology to make that process even better, says Justin Davies, Head of EMEA at re/insurance service provider, Xceedance. Davies ... Read the full article
Re/insurance needs an “iconoclastic moment”, says Vantage’s McKeown
12th September 2022
The global insurance and reinsurance industry needs an “iconoclastic moment” on a similar scale to the introduction of catastrophe risk models in the 1990’s, if it is to ensure its long-term sustainability, Chris McKeown of re/insurer Vantage Risk has said. Speaking with Reinsurance News around the Monte Carlo Rendez-vous event in ... Read the full article
Hannover Re predicts price increases and improved conditions in 2023
12th September 2022
Hannover Re has said that it expects next year to be one of price increases and improved conditions in property and casualty reinsurance. The firm said in a statement that the first half of 2022 proved challenging for primary insurers and reinsurers alike. Soaring inflation, major losses and an accumulation of ... Read the full article
Global non-life run-off reserves rise 11% to $960bn: PwC
12th September 2022
The global non-life run-off market continues to grow, says PwC, with estimated liabilities rising 11% to $960bn since the beginning of 2021, according to its latest Global Insurance Run-off Survey. PwC estimates that since the last survey, over 50% of the growth has emanated from North America, with an increasing number ... Read the full article
Swiss Re to grow nat cat portfolio and hedge volatile conditions
12th September 2022
Reinsurance giant Swiss Re has reported that it intends to “further grow and diversify” its natural catastrophe portfolio as it capitalizes on opportunities to hedge the current volatile environment with insurance solutions. Ahead of the company’s presentation at Rendez-Vous de Septembre 2022 in Monte Carlo today, Swiss Re shared its view ... Read the full article
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