How the California Wildfires Are Shaping the Future of Property Catastrophe Reinsurance
The recent California wildfires have once again highlighted the crucial role of reinsurance in protecting insurers from catastrophic losses.
The recent California wildfires have once again highlighted the crucial role of reinsurance in protecting insurers from catastrophic losses.
The global reinsurance sector is set to maintain strong earnings in 2025, despite challenges such as natural catastrophes, inflation, and financial market volatility.
As reinsurers increasingly pivot towards the cyber market, the stage is set for a transformative year in 2025. This shift is expected to improve pricing and optimize terms and conditions for cedants, building on the momentum observed in recent renewals.
The reinsurance market in 2025 is poised for significant shifts that could reshape business insurance premiums and coverage terms across property and casualty lines.
The recent devastation caused by Hurricane Helene has drawn attention to the escalating flood risks threatening local economies and tax bases across the Eastern and Southern United States.
As speculation grows around Donald Trump’s potential return to the White House, the re/insurance industry is reassessing the policies of his first presidency and bracing for their possible revival.
Climate-related disclosure data is increasingly recognized for its value beyond regulatory compliance. As insurers adapt to new mandates requiring emissions reporting and climate risk assessments, they are discovering that this data can reveal business-critical insights, point to new growth opportunities, and improve underwriting quality.
The reinsurance market plays a crucial role in managing the financial impacts of major natural disasters, such as the recent hurricanes.
The reinsurance market has always been dynamic, responding to global shifts and evolving risks. Following the significant market corrections of 2023, which saw reinsurance pricing reset and program structures overhauled, 2024 is continuing the trend of adaptation
In today's world, where unpredictability and risk have become the norm, the reinsurance industry finds itself in a unique position.