Yes, another year has flown by, and it’s once again time for the top international Insurance Journal stories of 2023....
2023 renewals News
The hard reinsurance market in property-catastrophe reinsurance isn’t coming to an end at Jan. 1, 2024, but reinsurers are likely...
Capacity was more readily available during the mid-year renewals, which brokers described as “orderly,” in comparison to the turbulent January...
Reinsurance rates continued to harden during the June 1 renewals, with risk-adjusted property-catastrophe pricing up 33% on average, according to...
While the January reinsurance renewals proved to be the toughest and most gruelling for decades, the April 1 renewals, driven...
A hard market in short-tail lines 鈥� such as property and property catastrophe 鈥� across global geographies is likely to...
The most challenging January reinsurance renewals in nearly two decades saw global property catastrophe rate increases of 25% to 60%...
Until investors can be convinced that property-catastrophe reinsurance pricing has caught up with recurring event losses, they’ll continue to sit...
When an AM Best analyst said, “Apparently, things didn’t go that bad” to describe 1/1 reinsurance renewals, he wasn’t actually...
Repeating words like “frustrated” and “disappointed,” which also punctuated earlier reinsurance broker reports on the Jan. 1 reinsurance renewals to...