Feature

1/1 Renewals

Pressure on prices and terms lingers

Reinsurers of all sizes are struggling to reach profitable results, and combined ratios are coming down nearer to 100%. Arab reinsurers, sooner or later, will have to follow the lead of global players and seriously consider consolidations to reach critical size, says Mr Ronald Chidiac of Zaris & Partners.

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Another challenging year for reinsurers

A roundup of the global January renewal reports shows a mixed picture with further price declines in some classes with over-capacity and a slower inflow of capital in other classes. Demand seemed stable.

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