Insights
(Re)insurer earnings overview
Half year 2024
Published
Our latest Howden Business Intelligence report explores key market movements at HY 2024 from (re)insurance earning updates.
The report includes analysis on risk appetite, catastrophe loss, impact to underwriting performance, reserve development and full year outlook.
In the video below, David Flandro Head of Industry Analysis and Strategic Advisory and Michelle To, Head of Business Intelligence present an exclusive in-depth overview of the findings:
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Key findings include:
- A greater focus on international market growth and expansion with clearer actions by line of business at mid-year renewals as rate changes affect margins
- Softer accident years from 2014 to 2019 have resulted in some reserve strengthening, resulting in greater prudence and adjustments in insurer loss trend estimates.
- Greater solvency has resulted in greater confidence, however caution still remains, not least in the nat-cat market.
- An improvement in technical earnings stemming from higher pricing and risk selection.
Contact us today to discuss this report in more detail.
