Cat capacity crunch in focus as CEOs look ahead to 1.1 renewals
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cat capacity crunch in focus as CEOs look ahead to 1.1 renewals


As (re)insurers begin absorbing the impact from Hurricane Ian and the market approaches January 1 reinsurance renewals, third-quarter earnings calls have focused heavily on shrinking reinsurance capacity, pricing increases and tightening terms and conditions.

While Ian claim frequency has been at lower levels than expected, industry executives are nevertheless bracing themselves for the potential impacts of claim severity exaggerated by litigation and inflation and significantly increased reinsurance costs.


Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article