-
Chairman Neil Eckert and CEO Trevor Carvey said the outlook for the market remains "very good". -
Swiss Re has retreated from its “escalation clause” for the Middle East.
-
Reinsurer appetite for aggregates begins to creep back in.
-
Overall, reinsurers accepted that rate cuts were still leaving them with strong margins.
-
Aggregates that are featuring in the reinsurance market are not the low-attaching ones of prior years, he added.
-
Sources agreed that to achieve growth, the focus is shifting from the US to SMEs in Europe.
-
The flat renewal follows a tripling of RoL on the programme last year.
-
The carrier increased specialty premium by 39% by the nine-month mark.
-
The reinsurer is planning to drop its cession rate from 40% to 30%-35%.
-
Some reinsurers are considering frequency protection products.
-
The broker is discussing the potential for "smart frequency solutions" with reinsurers.
-
Aon executive Daniele de Bosini said reinforced infrastructure had mitigated the impact of recent disaster events.
