Despite the challenges that catastrophic events posed in recent years and their impact on both the insurance and reinsurance sectors, there are reasons for optimism.

Author: Mark Hubbard

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The treaty reinsurance market as of 1.1.24 has shown notable improvement, sustained by a relatively benign 2023 US hurricane season and the prospect of improved annual underwriting results for insurers and reinsurers alike.

Furthermore, recent developments in the London Property insurance market are particularly promising. Many insurers have reported increased capacity for 2024, both in terms of overall aggregate and, in some cases, increased line-size for renewals.

In our Global Property Market Update, we offer insights into alternative risk transfer (ART) and environmental, social and governance (ESG), alongside regional market outlooks on:

  • US
  • Canada
  • South and Central America
  • Australasia
  • Asia
  • Middle East

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