May 26th, 2016
Chart: Regional Property Catastrophe ROL Index, 1990 to 2016
Posted at 1:00 AM ET
The chart shows the indexes for United States, United Kingdom, Asia Pacific and Europe.
Posts Tagged ‘reinsurance rates’
May 25th, 2016
Chart: Global Property Catastrophe ROL Index 1990 to 2016
Posted at 1:00 AM ET
The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2016.
January 25th, 2016
Developments in Asia Pacific: Indonesia
Posted at 1:00 AM ET
The average balance of payments in Indonesian reinsurance transactions over the past five years has been in a deficit of IDR5.65 trillion (USD455 million) per year. This has been a point of frustration for the Indonesian government. As such, the Indonesia Financial Services Authority (OJK) has instructed insurers to retain more risk and to reinsure more business with domestic reinsurers, including the recently-formed state reinsurer, Indonesia Re, to “improve and optimize capacity in the country.” The OJK has also encouraged all domestic reinsurers to obtain an international rating in order to improve competitiveness with foreign reinsurers. However, it is anticipated that high cessions to other unrated, domestic companies will increase credit risk charges and pressure capital adequacy ratios.
January 12th, 2016
GC Capital Ideas Top Chart Room Entries: For the Year 2015
Posted at 1:00 AM ET
From one of GC Capital Ideas’ more popular categories, we highlight the top Chart Room stories viewed during the year of 2015:
1. Global Property Catastrophe ROL Index 1990 to 2015: The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2015.
2. Q1 Cat Bond Issuance Reaches Historic Volume: Chart presents the 144A P&C catastrophe bond issuance from 1998 through the first quarter of 2015. The first quarter is particularly active in terms of issuance for the P&C cat bond market and this characteristic continued into 2015 as USD1.49 billion of 144A P&C cat bond limit was successfully placed with investors, the highest first quarter volume in history.
3. Return On Equity For Guy Carpenter Reinsurance Composite, Q1 2015: Chart presents return on equity for the Guy Carpenter Global Reinsurance Composite, 2004 through first quarter 2015.
4. Combined Ratio For Guy Carpenter Reinsurance Composite, Q3 2015: Chart presents combined ratio for the Guy Carpenter Global Reinsurance Composite, 2004 through third quarter 2015.
5. Private Cat Bond Market, First Half, 2015: Chart shows the private catastrophe bond market with USD 753.1 million of limit placed in rule 4(2) private placement format via fifteen transactions in the first six months of 2015. The 2015 year-to-date volume exceeded total full-year issuance in 2014 of USD 561.5 million.
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*Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/NFA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Securities or investments, as applicable, are offered in the European Union by GC Securities, a division of MMC Securities (Europe) Ltd. (MMCSEL), which is authorized and regulated by the Financial Conduct Authority, main office 25 The North Colonnade, Canary Wharf, London E14 5HS. Reinsurance products are placed through qualified affiliates of Guy Carpenter & Company, LLC. MMC Securities Corp., MMC Securities (Europe) Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh & McLennan Companies. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product. **GC Analytics is a registered mark with the U.S. Patent and Trademark Office.
January 6th, 2016
Chart: Regional Property Catastrophe ROL Index, 1990 to 2016
Posted at 3:26 PM ET
The chart shows the indexes for United States, United Kingdom, Asia Pacific and Europe.
January 6th, 2016
Chart: Global Property Catastrophe ROL Index 1990 to 2016
Posted at 3:26 PM ET
The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2016.
November 1st, 2015
In 2015, Growth and Innovation Demonstrated in Asia Pacific, according to Guy Carpenter Report
Posted at 3:15 PM ET
Guy Carpenter today published a new report finding that prevailing market conditions continued to allow buyers in the Asia Pacific region to achieve favorable pricing, terms and conditions as capacity exceeded demand.
September 30th, 2015
Disruptive Forces to M&A Activity: Soft Market Rates Have Had Limited Impact on Company Returns
Posted at 1:00 AM ET
A key tenet of the anti-correlation theory is that the impact of lower (re)insurance rates will eventually be felt within carriers’ return on equity, thereby forcing action.
September 21st, 2015
Disruptive Forces to M&A Activity: Alternative Capital Directly Supporting Increased Market Competition
Posted at 1:00 AM ET
The flow of alternative capital into the reinsurance markets has been sustained and substantial. The growth of this capital, coming from a number of sources, including fund managers and sidecars, has been a staggering 22 percent - compounding since 2008 and accelerating to 34 percent during the period 2012 to 2014. There was a consequent rate softening, mostly felt within the reinsurance landscape, particularly in short tail lines. The softening then trickled down into the specialty insurance classes.
September 17th, 2015
Disruptive Forces to M&A Activity
Posted at 1:00 AM ET
The reality is that many external forces continually disrupt the impact on merger & acquisition (M&A) activity of the insurance pricing cycle. This is especially true in recent years as insurance markets are influenced by wider financial conditions, new investors, globalization and the benefits of healthy profits despite a prolonged period of rate softening. These disruptive forces provide both positive and negative contributions to the M&A-conducive market conditions resulting from the current stage in the insurance cycle.
