-
European property cat rates stabilised and, in some cases, decreased this year following corrections in 2023.
-
Reinsurers will likely push for double-digit US premium rate increases.
-
Legal trends, the primary pricing micro-cycle and other factors all play into an opaque outlook.
-
Negotiations are getting tougher, but overall market capacity is stable.
-
Reinsurers are high on their ‘redemption arc’. The question is – how long will it last?
-
Renewals will depend on clients’ ability to differentiate themselves from broad-brush trends.
-
-
“They want to grow their portfolios,” Guy Carpenter's CEO added.
-
The new broking president added that hundreds of Marsh staff would not show up tomorrow at WTW.
-
The broker said another strong year would drive pressure for “reasonably significant rate reductions” next year.
-
Fears around social inflation have maintained upwards pressure on US liability reinsurance pricing.
-
The new hire will build a portfolio of niche liability classes.