Press Release - AUGUST 01, 2019
Best's Review's August Edition Examines the State of the Reinsurance Market
| ||Patricia Vowinkel |
Executive Editor, Best’s Review®
+1 908 439 2200, ext. 5540
FOR IMMEDIATE RELEASE
OLDWICK - AUGUST 01, 2019
Best’s Review focuses on the reinsurance sector ahead of the upcoming Rendez-Vous gathering in Monte Carlo, featuring the following articles:
- “Market Correction” reports on how Florida reinsurers are raising rates and returning to underwriting differentiation in response to lingering issues;
- “Winds of Change” examines the losses from Typhoon Jebi that caught reinsurers by surprise, resulting in increases in loss reserves and suppressed catastrophe bond returns, while laying the groundwork for higher rates; and
- “A Pause After the Storms” looks at insurance linked-securities investors, as they continue to wait for claims to be paid so capital can be released after two years of painful catastrophes, while still remaining committed to the market.
Stephen Catlin’s At Large column, “Market in Flux,” explains how loss creep, shrinking retrocession and deteriorating casualty results define the reinsurance market.
The August issue also contains excerpts from AMBestTV® interviews at recent captive insurance conferences in Tucson, AZ and Bermuda.
Full access to the complete content of Best’s Review is available at www.bestreview.com.
AM Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry. Best’s Credit Ratings are a recognized indicator of insurer financial strength and creditworthiness.