Insurance Insider US’ Post

Overall, capacity was adequate for the completion of most programmes at the January 1st reinsurance renewals, and with dedicated reinsurance capital growth in the double-digits, it was a positive renewal, according to Dean Klisura, President and CEO of Guy Carpenter. #insurance #reinsurance

Reinsurance Buyers Find ‘Smoother’ January Renewals With Ample Capacity: Carpenter Ceding companies are finding that a responsive reinsurance market has materialized for the Jan. 1, 2024 renewals – a reflection of ample capacity and a commercial approach to trading partnerships, according to Guy Carpenter, the reinsurance business of Marsh McLennan. Read the full report here: https://buff.ly/3vh61k5 #humano #insurance #januaryrenewals

After a positive outcome at the January 1 reinsurance renewals and a very solid performance in the first quarter of 2024, we spoke with Conduit Re CEO, Trevor Carvey, about the evolution of the Bermuda-based reinsurer, market dynamics, and the importance of managing the cycle. #insurance #reinsurance

A few signs emerged at the recent January 1st 2024 reinsurance renewals that bode well for protection buyers as we move through this year and into the next, as broker Aon highlighted that appetite is returning for some of the more challenged products and areas of the tower.

Following a difficult January reinsurance renewal season in 2023, it felt “like a much more normal renewal” this year with fewer surprises, but to ensure a sustainable balance in risk sharing, continued underwriting discipline is paramount, according to Gianfranco Lot, Chief Underwriting Officer, P&C Reinsurance, Swiss Re. #insurance #reinsurance

Mid-year reinsurance renewals have further consolidated the positive trends at 1/1 and 4/1, setting the stage for a more competitive reinsurance market in 2025

Mid-year reinsurance renewals have further consolidated the positive trends at 1/1 and 4/1, setting the stage for a more competitive reinsurance market in 2025 https://lnkd.in/d_jm7NC2

It's exciting and fascinating to see the strength of Cayman’s reinsurance sector ever-growing, and having international reach. Kudos to everyone involved in facilitating these essential conversations! #Reinsurance #CaymanIslands #FinancialServices #GlobalCollaboration #RiskManagement #InsuranceInnovation

Lockton's latest outlook reveals stabilization in property reinsurance, but primary rates are set to rise in 2024 due to increased underwriting scrutiny. LEARN MORE 

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