Reinsurers Underwriting Conundrum, Falling Pricing, Rising Risks: BI Replay

The return of capacity to the reinsurance market has seen risk adjusted pricing fall and increasing pressure on terms and conditions. That risks increasing pressure on reinsurers margins after only a short period in which returns on equity have exceeded the cost of capital. While some see this as a return to more balanced conditions within the reinsurance market, the risk is that a surfeit of capacity harms reinsurers ability to price risk adequately at a time when the pressures from climate change would seem to be increasing. Join Bloomberg Intelligence and Howden Re for a discussion about what this means of insurers and reinsurers both in Europe and the US.