‘Sophisticated’ reinsurers will see cat books become ‘acceptably profitable’
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider ILS is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

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

‘Sophisticated’ reinsurers will see cat books become ‘acceptably profitable’

vickers-james-2020.jpg

Price increases, restructured programmes and tighter terms and conditions on property cat business will mean many reinsurers’ cat portfolios will be “acceptably profitable” in 2023 after years of poor returns, according to Gallagher Re’s James Vickers.

The broker’s international chairman told this publication that those reinsurers that have “confidence in their own pricing models” and that have “diversified” books of cat business will achieve a healthier performance this year, although high costs of retro may...

Enter your e-mail to claim 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