Is it time for a new reinsurer to enter the market?
“The reinsurance market hardened overnight dramatically. Capacity was gone, pricing was up," Wolfe said at the conference.
Source: canadianunderwriter.ca
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What P&C execs predict for 2024 reinsurance rates
Canada's primary property and casualty insurers expect the upcoming Jan. 1, 2024, reinsurance renewal season to be “stable.”
Source: canadianunderwriter.ca
Reinsurance in Canada unlikely to cost less in 2024
Jan. 1, 2024 Cat reinsurance renewals may be rough for Canadian P&C insurers once again, a Fitch Ratings report suggests.
Source: canadianunderwriter.ca
Will reinsurers pass rate increases to consumers?
Reinsurance put through some rate increases during the hard market but their latest renewal cycle suggests more hikes are forthcoming
Source: canadianunderwriter.ca
What we can expect from future reinsurance renewals
The extreme reinsurance rate increases that insurers saw this year won’t be sustainable for future renewals, experts say.
Source: canadianunderwriter.ca