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Finally, Best noted that SCOR continues to maintain its prominent position as one of the top five global reinsurers, with excellent product and geographic diversification.
Source: https://www.insurancejournal.com/news/international/2023/03/10/711764.htm
His depth of knowledge and expertise will support the delivery of our strategic goals, our commitment to our reinsurers, and our continued focus on performance and value creation across our underwriting portfolio.”
Source: https://www.insurancejournal.com/news/international/2023/07/28/732646.htm
Like Khasnis, Iten said the picture looks less bleak on the reinsurance side, with the distribution of outlooks for individual reinsurers starting to shift in a positive direction.
Source: https://www.insurancejournal.com/news/international/2023/07/14/730633.htm
Markets for war insurance for ships calling at Russia remain in crisis after key reinsurers withdrew some of their cover, while oil tanker costs have already spiked once in the run up to the implementation of crude sanctions.
“Nevertheless, the effects of climate change amplify earnings volatility risk for reinsurers.
Source: https://www.insurancejournal.com/news/international/2023/09/12/739882.htm
We feel pretty good about the market and I would say I thought the sustainability of reinsurance, Rick, both with reinsurers and with the capital markets.
While “meaningful new capital” did not enter the reinsurance market at 1/1, Aon said “encouraging signs” emerged in December as “reinsurers were looking to take advantage of improved conditions.”
Source: https://www.insurancejournal.com/news/international/2023/01/20/703962.htm