by AIP Online Bureau | Dec 29, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Global property catastrophe reinsurance risk-adjusted rate changes averaged from near-flat to single-digits up for non-loss impacted and 10%-30% up for loss-impacted programs, with a wide range of outcomes around these averages Guy Carpenter and AM Best’s 2023...
by AIP Online Bureau | Jun 12, 2023 | Briefs, Non-Life, Reinsurance
Guy Carpenter announced the appointment of Laurent Rousseau, former CEO of SCOR, to the newly created position of Guy Carpenter CEO of EMEA and Global Capital Solutions, effective September 4, 2023. Based in London,he will report to Dean Klisura, Guy Carpenter...
by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, Non-Life, Reinsurance
This year’s renewal season was “one of the most challenging. ..the sector has experienced,” Guy Carpenter said, adding that the process had been “extremely late.” Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance...
by AIP Online Bureau | Dec 30, 2022 | International News, Non-Life, Reinsurance
In a renewal season that was extremely late, ultimately, placements were largely completed at client issued structures and pricing, without many of the requested modifications in coverage Reinsurers presented fractured views at the outset, with more extreme coverage...
