Rates & Renewals
Reinsurers are banking on at least some market hardening in 2018 making up for years of declining rates
New project to focus on how ILS can help release rapid finance in the aftermath of major catastrophes to help hospitals, schools and other public utilities get back on line
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Securis syndicate looks to less volatile business as combined ratio soars to 180%
Megan Thomas has spent past 12 years with AIG
Few Lloyd’s syndicates managed to turn a profit on their reinsurance underwriting last year, even though retrocession recoveries provided significant recoveries for many leading players
Last year’s catastrophes halted the rate slide for reinsurance but Lloyd’s players are finding price rises in 2018 are not enough
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