Inflation hits property catastrophe reinsurance renewals

Share!

Business Insurance - Jun 07, 2022

Concerns over inflation and reduced property catastrophe capacity made June 1 reinsurance renewals difficult and protracted, with many ceding insurers facing double-digit rate increases, sources said....

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...