Reinsurance market outlook : remarkable recovery

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<rdf:Description>
<dc:creator>Aon Benfield</dc:creator>
<dc:date>2010</dc:date>
<dc:description xml:lang="es">Sumario: The remarkable recovery of both insurer and reinsurer capital translated into a catastrophe reinsurance renewal market for January 2010 that was focused on rate decreases in all peak zones of the market. Rate on line (ROL) decreases were in line with Aon Benfields light catastrophe season scenarios published in September 2009. Rate decreases, adjusted for changes in exposure, for the peak zones of U.S. hurricane and U.S. earthquake ranged from minus 5 to minus 15 percent. At the mean, the ROL decreases taken on January 2010 renewals were very similar in magnitude to the rate increases taken on anuary 2009 business. Global reinsurer capacity is driven by capital. Capital increased by 16.6 percent through September 2009, likely fully recovering from the 16.9 percent capital decrease in 2008 by the end of 2009. As a result, capacity for the global catastrophe reinsurance market has been restored to near its all time December 2007 peak and it is meaningfully higher than witnessed throughout the January 2009 renewal season. Reinsurers showed markedly less anxiety than last year and were more focused on gaining the largest possible signings on their program authorizations rather than on rate. The market is again price competitive as capacity growth outpaced demand growth</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/117500.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:publisher>Aon Benfield</dc:publisher>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Mercado de reaseguros</dc:subject>
<dc:subject xml:lang="es">Programas de reaseguro</dc:subject>
<dc:subject xml:lang="es">Renovación</dc:subject>
<dc:subject xml:lang="es">Catástrofes naturales</dc:subject>
<dc:subject xml:lang="es">Perspectivas del seguro</dc:subject>
<dc:type xml:lang="es">Livros</dc:type>
<dc:title xml:lang="es">Reinsurance market outlook : remarkable recovery</dc:title>
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