Posts Tagged ‘Reins Markets’



July 9th, 2014

Guy Carpenter Appoints CEO Of Benelux Region

Posted at 11:15 PM ET

Guy Carpenter today announced the appointment of Roelant de Haas as CEO of the Benelux region, effective September 1. He succeeds Wim Raeymaekers who takes up the position of Chairman of the region and will be focused on developing clients and markets.

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July 7th, 2014

July 1 Renewals Reveal Continued Double Digit Price Decreases Across Many Lines and Geographies

Posted at 5:00 AM ET

Guy Carpenter reports that market pressures at July 1 renewals continued to drive price decreases across virtually all geographies and lines of business, many in the double digit range. As loss activity remained minimal, reinsurers added to surplus capacity and additional capital continued to come into the market via alternative sources. 

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July 7th, 2014

Chart: Combined Ratio for Guy Carpenter Composite, Q1 2014

Posted at 1:00 AM ET

Chart presents combined ratio for the Guy Carpenter Global Reinsurance Composite, 2004 through first quarter, 2014.

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July 3rd, 2014

Chart: Return On Equity For Guy Carpenter Reinsurance Composite, Q1 2014

Posted at 1:00 AM ET

Chart presents return on equity for the Guy Carpenter Global Reinsurance Composite, 2004 through first quarter, 2014.

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July 3rd, 2014

Chart: Return on Revenue For Guy Carpenter Reinsurance Composite, Q1 2014

Posted at 1:00 AM ET

Chart presents return on revenue for the Guy Carpenter Global Reinsurance Composite, 2004 through first quarter, 2014.

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June 30th, 2014

Chart: Source Of Earnings For Guy Carpenter Reinsurance Composite, Q1 2014

Posted at 1:00 AM ET

Chart presents source of earnings for the Guy Carpenter Global Reinsurance Composite for the first quarter, 2014.

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June 30th, 2014

Chart: Evolution of Shareholders’ Funds For Guy Carpenter Reinsurance Composite, Q1 2014

Posted at 1:00 AM ET

Chart presents the evolution of shareholders’ funds for the Guy Carpenter Global Reinsurance Composite, 2012 through first quarter, 2014.

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June 26th, 2014

Chart: Reliance On TRIPRA

Posted at 1:00 AM ET

The chart shows that in 2012 there were over 850 insurers participating in the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), writing over USD183 billion in premiums. Using the current 20 percent deductible requirement of TRIPRA and policyholder surplus as a filter, Guy Carpenter found that the smaller to mid-sized insurance carriers would be most affected should there be an increase in the deductible of any program that replaces TRIPRA. Without TRIPRA, insurers with less than USD300 million in surplus would likely need to incorporate additional private reinsurance market capacity to protect their capital and to satisfy rating agencies and regulators.

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June 17th, 2014

Guy Carpenter Report Reinforces Need for TRIPRA Renewal

Posted at 11:15 PM ET

Guy Carpenter released its latest report on global terrorism. The report highlights evolving global terrorism risks and the impact these risks have on the reinsurance market. It also emphasizes the vital role the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) plays in the United States ensuring the availability and affordability of terrorism (re)insurance capacity throughout the country.

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June 2nd, 2014

Reinsurance Pricing Falls Again at June 1, 2014 as Competition Heightens

Posted at 11:30 PM ET

Guy Carpenter reports that downward pressure on reinsurance pricing has increased since the June 1, 2013 renewal due to continued competitive pressure from alternative markets, strong reinsurer balance sheets and low loss experiences. In its June 2014 renewal briefing, Guy Carpenter reports that competition increased as markets offered abundant capacity at reduced pricing.  Terms and conditions also came under pressure and multi-year transactions continued to be an area of investigation. Traditional reinsurers sought to protect their market share and alternative providers looked to utilize growing funds.

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