Posts Tagged ‘capacity’



December 4th, 2018

Asia Pacific Reinsurance Market: Abundant Capacity and Flat Pricing

Posted at 1:00 AM ET

front-cover150x140For buyers of catastrophe reinsurance in the Asia Pacific region, pricing has remained largely flat during 2018. The region has experienced losses during the year to date, and at the time of writing, it is expected that a proportion of these will impact reinsurers. At the same time, market capacity remains abundant and underlying reinsurance market conditions are favorable for buyers, as reported by Guy Carpenter in its 2018 Asia Pacific Catastrophe Reinsurance Executive Summary. The effect of the 2018 losses on market sentiment going forward is not fully understood.

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November 28th, 2018

Terrorism: Reinsurance Role in Mitigating the Expanding Peril

Posted at 10:30 AM ET

terrorism_121x120aMore than ever before, reinsurance brokers and underwriters must use their expertise and solutions to keep insurers and citizens adequately protected. With the peril mutating rapidly, the entire insurance value chain is being challenged – by new types of threats, new modes of attack and the terrorists’ deployment of any violent and disruptive means to reach their desired end-state. The (re)insurance industry must remain in tune with these developments; it must gain insights from academia and observers on how the peril is changing, keep alert to new products in the market, unlock new sources of capacity and help clients understand their portfolios more readily so they remain relevant to their consumer base.

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November 26th, 2018

Terrorism: The Need for Expanded Capacity

Posted at 11:00 AM ET

terrorism_121x120aTerrorists are increasingly able to modify, adapt and reinvent their tactics and quickly spread their methodologies to their worldwide support base. Economically, the effect of this change across the globe has been significant. Tourism, trade and investments are examples of areas affected as countries grapple with terrorist actions, both direct and indirect. According to the Institute for Economics and Peace, although the peak of global economic impact from terror events was reached in 2014, it remains at historically high levels.

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September 9th, 2018

A Strategy for Market Volatility: Portfolio Optimization - GC@MC Commentary

Posted at 1:00 AM ET

dhru_jay_1day_matthew_biosnyder_jack_bioJay Dhru, Global Head of Business Intelligence; Matthew Day, Managing Director; Jack Snyder, Managing Director, Ratings Advisory

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  • Rising loss costs and expenses consume an ever larger portion of reserves
  • Optimized portfolio construction as vital as upfront underwriting of a risk
  • Excess capacity is pressuring insurers’ underwriting profitability

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May 10th, 2018

United States Reinsurance Capacity for Terrorism

Posted at 1:00 AM ET

terrorism-rep-connections-banner-2In 2017, according to Guy Carpenter, the combined property and workers compensation private conventional-only terrorism reinsurance capacity was estimated to be USD 2.5 billion per cedent program. Reinsurance capacity for coverage that includes Nuclear, Biological, Chemical and Radiological, especially in Tier 1 cities and central business districts, has become increasingly challenging to secure over the past two years due to the accumulated aggregate constraints of some markets and is estimated to range between USD 500 million and USD 1 billion per program.

Marsh’s 2018 Terrorism Risk Insurance Report, produced with support from Guy Carpenter, explores the state of the terrorism insurance marketplace, presenting data on purchasing and pricing trends.

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December 7th, 2017

Scalability Critical to Developing Substantial Terrorism Market

Posted at 1:00 AM ET

c-gibbs-20-smjamie-russell-final-smCharles Gibbs, Managing Director and Jamie Russell, Vice President

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  • Capacity a major limiting factor in expanding remit
  • Small number of players raising aggregation risk
  • Cover not reaching organizations that need it most

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October 25th, 2017

Scalability critical to developing substantial terrorism market - GC@BB Commentary

Posted at 3:15 AM ET

c-gibbs-20-smjamie-russell-final-smCharles Gibbs, Managing Director and Jamie Russell, Vice President

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  • Capacity a major limiting factor in expanding remit
  • Small number of players raising aggregation risk
  • Cover not reaching organizations that need it most

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October 23rd, 2017

Challenging Market Is Fueling MGA M&A – GC@BB Commentary

Posted at 6:15 AM ET

andrew-beecroft-smjohn-rowlands-final-16-smAndrew Beecroft, Managing Director, GC Securities and John Rowlands, Senior Vice President, GC Securities

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  • Challenging market conditions are fueling growth and merger and acquisition (M&A) activity in the managing general agent (MGA) space
  • Recent acquisition multiples have been extremely high compared to historic values
  • Should markets harden, MGAs will need to continue to prove their value through differentiation

Challenging insurance market conditions will continue to drive growth and M&A activity in the MGA market, according to John Rowlands, Senior Vice President, and Andrew Beecroft, Head of M&A Advisory, GC Securities*.

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September 12th, 2017

Scalability Critical to Developing Substantial Terrorism Market – GC@MC Commentary

Posted at 12:30 AM ET

c-gibbs-20-smjamie-russell-final-smCharles Gibbs, Managing Director and Jamie Russell, Vice President

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  • Capacity a major limiting factor in expanding remit
  • Small number of players raising aggregation risk
  • Cover not reaching organizations that need it most

Continue reading…