Most reinsurers have far more capital than a year ago, capacity is abundant, but problems lie ahead for the marketplace, Holborn reinsurance brokerage predicted.
Although reinsurance rates have increased recently, only moderate growth in market volume can be expected this year, according to an analysis by Holborn Corp. insurance brokerage.
With catastrophe losses mounting in the second quarter and the magnitude of premium rate declines easing, rumors of an end to the soft market began to creep into insurance news headlines this month.
If a one-in-250-year storm were to hit Florida, policyholder assessments to support the state's hurricane catastrophe fund and its insurer of last resort could total $53 billion, a reinsurance broker
As reinsurance brokers roll out computerized catastrophe management tools to their insurer clients, unexpected side benefits are emerging, allowing carriers to dream up applications that extend well b
If a 1-in-250-year storm were to hit Florida, policyholder assessments to support the state's hurricane catastrophe fund and its insurer of last resort could total $53 billion, a reinsurance broker re
As reinsurance brokers roll out computerized catastrophe management tools to their insurer clients, unexpected side benefits are emerging, allowing carriers to dream up applications that extend well
According to Linda Johnson, executive vice president for casualty in the Minneapolis office of Benfield Group, casualty reinsurance conditions "are sitting at a comfortable equilibrium right now.