RenaissanceRe's CEO does not feel the reinsurance market is likely to give up gains won since 2023
No indication market trending back to pre-23: RenRe CEO | | | No indication reinsurance market trending back to pre-2023 levels: RenRe CEO  Speaking today during his firm's first-quarter earnings call, RenaissanceRe CEO Kevin O'Donnell explained that there is no indication the reinsurance market is trending back to pre-2023 levels, in rates and terms, while he now feels net new demand for property cat limit could be greater than $10 billion at the mid-year renewals. "I think the important thing is, from a rate adequacy perspective, the property market is in exceptional shape compared to where it has been historically," O'Donnell said. "There's no indication that the market is trending back to pre-23, levels." Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
If you've been forwarded this but want to subscribe, visit Artemis.
| | | | | | You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here .
© Steve Evans Ltd. - Artemis.bm
| | | |
No comments:
Post a Comment