Our Experts | Garry Booth | Monday 14 April 2014, 6:16PM
$540bn – that’s Aon Benfield’s estimate for global reinsurer capital at December 31, 2013. A broad measure of capital available for insurers to trade risk with, the aggregate sum includes both traditional and alternative forms of reinsurer capital and it shows an increase of 7% over the previous year.
Our Experts | Garry Booth | Tuesday 07 January 2014, 1:35PM
Reinsurance underwriters’ and buyers’ New Year celebrations traditionally coincide with annual contract renewals. This year, the consensus seems to be that buyers had plenty to celebrate - while reinsurers were left resolving to adjust to a changing market dynamic.
Our Experts | Garry Booth | Monday 02 December 2013, 3:14PM
Is the reinsurance sector about to experience an evolutionary change? Rating agency A.M. Best thinks so. In an interesting special report on the North American and Bermuda markets, Best’s paints a picture of the reinsurance sector in good shape - but starting to feel the squeeze on two sides.
Our Experts | Garry Booth | Tuesday 12 November 2013, 1:05PM
The European windstorm season doesn’t officially start until the beginning of December but a clear-up is already underway across Northern Europe following windstorm Christian, thought to be the costliest since Xynthia in February 2010.
Our Experts | Garry Booth | Friday 13 April 2012, 1:09PM
North American risk managers are flocking to Philadelphia for the biggest meeting of risk managers in the world
Our Experts | Garry Booth | Thursday 06 January 2011, 2:26PM
The post-mortem results on the January 1 2011 reinsurance renewals are out and the market’s leading brokers have confirmed what most people already suspected: rates are down again in most lines, with a few notable exceptions.
Our Experts | Garry Booth | Tuesday 16 November 2010, 4:28PM
Garry Booth looks back on this year's Baden-Baden convention.
Our Experts | Garry Booth | Monday 20 September 2010, 12:41PM
Insurance journalist Garry Booth blogs on the 2010 Monte Carlo Rendez-vous
Our Experts | Garry Booth | Friday 09 July 2010, 11:51AM
No-one really knows what the ultimate cost of the Deepwater Horizon oil spill will be: neither the environmental cost, nor the total economic cost, nor the cost to insurers.
Our Experts | Garry Booth | Thursday 10 June 2010, 9:31AM
Insurance executives attending the International Insurance Society annual seminar in Madrid were left in no doubt about the challenges facing their industry.