Reinsurance renewals news

Reinsurance renewals news and articles. Discussing the trajectory of reinsurance pricing and rates, as well as the flow of reinsurance capital at key market renewal seasons where many reinsurance programs are renewed and new reinsurance and retrocession capital and capacity is deployed.

The reinsurance cycle follows a number of key renewal seasons and the news and analysis below covers these important reinsurance market renewals.

The key reinsurance renewal periods are at January 1st, April 1st, June 1st and July 1st.

The January renewals have a particular focus on European programs, Asia Pacific (ex. Japan), casualty and specialty risks. The mid-year reinsurance renewals see a particular focus on U.S. property catastrophe reinsurance renewals, with Florida a particular focus in June. Japanese reinsurance program renewals are a major focus at April 1st.

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The renewal wasn’t flat (or down) for everyone

The January 2019 renewal of reinsurance and retrocession contracts was not a flat affair for everyone, as our sources suggest that those who held the line on pricing were rewarded with better rates and have in some cases built portfolios that promise higher returns as a result.If you're a largely read the full article →

Alternative capital seen flat at $91bn at year-end 2018 by JLT Re

Alternative reinsurance and retrocession capacity from the insurance-linked securities (ILS) and related collateralized markets is estimated to have remained flat at $91 billion at the end of 2018, while traditional reinsurance capacity rose slightly.Broker JLT Re made an early estimate that overall dedicated reinsurance sector capital grew by 0.6% to read the full article →

IAG’s catastrophe reinsurance tower expands to $9 billion

Insurance Australia Group (IAG), the Australian primary insurance group, has renewed its catastrophe reinsurance tower for 2019 at an expanded size of $9 billion of limit to cover increasing exposures, at renewal rates seen as largely flat.IAG places one of the largest catastrophe reinsurance programs each year and for 2019 read the full article →