Recent renewals have highlighted constraints in reinsurer underwriting appetites, particularly for property catastrophe business. The report reveals that the ARA group posted resilient underwriting results in 2022, despite the impact of Hurricane Ian. However, asset values were eroded by sharply rising interest rates and falling stock markets, resulting in weak overall earnings and reductions in reported equity. — Ámbito geográfico: Internacional
Aon's Reinsurance Aggregate (ARA) report : results for the year to 31 December 2022
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Recent renewals have highlighted constraints in reinsurer underwriting appetites, particularly for property catastrophe business. The report reveals that the ARA group posted resilient underwriting results in 2022, despite the impact of Hurricane Ian. However, asset values were eroded by sharply rising interest rates and falling stock markets, resulting in weak overall earnings and reductions in reported equity. — Ámbito geográfico: Internacional