To begin, here are a few insights into the demographics of our reinsurance market survey respondents
As you'll see below, the majority of respondents have responsibility for, or provide input to, reinsurance and retrocession buying decisions
We began by asking respondents their price expectations for the following lines of business at the 1/1 2020 renewals
Our next question identified the primary focus of reinsurance buying in Jan 2020
Determining the key factors that protection buyers consider when choosing a reinsurance counterparty was the next logical step
On demand, we asked protection buyers if they would be securing more or less reinsurance and from which sources?
We were keen to understand how respondents saw ILS’ influence playing out in the near-future
We wanted to find out what the biggest issues respondents faced so far in 2019 have been
We also asked what will be key for reinsurers as they move into 2020 and beyond
Finally, we wanted to ask the hundreds of people who responded to our survey what they think of the modernisation initiatives at Lloyd's
We hope you've enjoyed this insight into the state of the reinsurance market and found the results interesting and perhaps useful.
Please share this page with your colleagues and contacts to give them a glimpse into the sentiment of the global reinsurance market at this time.