1.1 2023 Renewals
Global incidents:

1.1 2023 Renewals

How will the market react in the 1.1 reinsurance renewal season?

 

Latest news

Tiernan: Lloyd's expects flurry of new 2023 syndicate plans due to Q4 reinsurance crunch

Lloyd's anticipates a flurry of new 2023 syndicate business forecasts following the Q4 “dislocation” which has seen the availability of reinsurance contract sharply and...
Lloyd's anticipates a flurry of new 2023 syndicate business forecasts following the Q4 “dislocation” which has seen the availability of reinsurance contract sharply and...
Article / 1 hour ago

Brindle: Hard market will spell end for cat treaty ‘sacred cows’

A hard reinsurance market reminiscent of the post-Hurricane Andrew scene will spell the end for several “sacred cows” of traditional treaty placements, Fidelis group chairman Richard Brindle told this publication...
A hard reinsurance market reminiscent of the post-Hurricane Andrew scene will spell the end for several “sacred cows” of traditional treaty placements, Fidelis group chairman Richard Brindle told this publication...
Article / 1 day ago

Reduced reinsurance appetite to compound Florida challenges

The Florida property insurance market could face an even more challenging year ahead in 2023, as reinsurance capital loses its appetite for the state and private insurance capital shows now...
The Florida property insurance market could face an even more challenging year ahead in 2023, as reinsurance capital loses its appetite for the state and private insurance capital shows now...
Article / 1 day ago

Insurer in Full: Covéa repricing suggests Europe heading the way of US for 1.1 cat renewal

Market resistance to firm order terms (FOTs) issued for Covéa will do little to encourage European cedants that they will be spared the hard market conditions that have turned discussions around the US cat renewal away from price to a scramble to secure capacity...
Market resistance to firm order terms (FOTs) issued for Covéa will do little to encourage European cedants that they will be spared the hard market conditions that have turned discussions around the US cat renewal away from price to a scramble to secure capacity...
Article / 3 days ago
IMR 2023 – International Casualty

IMR 2023 – International Casualty

The market for international casualty remains healthy and competitive, with ample capacity made available from carriers who continue to invest in tools and resources to deliver solutions to insureds...
The market for international casualty remains healthy and competitive, with ample capacity made available from carriers who continue to invest in tools and resources to deliver solutions to insureds...
Report / 2 days ago

European retentions should have risen 22% since 2017: JP Morgan

Retentions on European property cat treaties would have risen by 22% in the past five years if they had kept pace with inflation, but many have remained static, according to a JP Morgan report....
Retentions on European property cat treaties would have risen by 22% in the past five years if they had kept pace with inflation, but many have remained static, according to a JP Morgan report....
Article / 5 days ago

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