- With reinsurance rates and pricing having increased at the key January 2021 reinsurance renewals, there is now an expectation that future renewals this year should follow suit.
- While the January reinsurance renewal has a significant focus on EMEA, Latin America and some parts of Asia, many of the regions of the world and reinsurance programs that have been more loss affected renew later in the year.
- There is no particular imbalance between supply of capital and demand for reinsurance and if there was it would quickly be filled.
For further details see:
Reinsurance Rate Rises May Be 'More Pronounced' At April, June And July Renewals