Total claims from catastrophe events this year are unlikely to significantly reduce the level of excess capital in the market, but the impact on reinsurers’ 2017 earnings will be sizeable and will reset expectations at the January renewals

While insurtech brings with it the risk of disruption to the way insurers and reinsurers go about their business, it does not necessarily disrupt the re/insurance business model

Insurtech companies represent a challenge for traditional insurers, but there are also opportunities for re/insurers to tap into the insurtech sector

Increased levels of loss activity, reserve strengthening and other pressures on reinsurers’ profitability are beginning to impose a degree of underwriting discipline, unprecedented in recent years, on the market

The reinsurance market is experiencing a period a massive structural change, driven by the influx of new capital into the sector. David Flandro and Julian Alovisi examine the implications of these changes and how they will shape the reinsurance business model of the future

But only time will tell whether 2015 will mark the turning point of the soft reinsurance cycle that has prevailed since 2012