Price Softening Slowdown at July 1 Renewals

The latest Willis Re 1st View renewals report reveals early signs of reinsurance price stabilization are beginning to emerge in peak property catastrophe zones. Competition remains intense however for non-peak areas where traditional reinsurers still dominate the market.

Willis Re launches $400 million global facility to tackle catastrophic casualty loss

Willis Re has established a unique syndicated reinsurance facility providing the broadest protection available for insurers against catastrophic and systemic loss accumulations arising from liability portfolios. Named PRIMO, the facility responds to increasing concern around accumulation and systemic risk.

Market pressures intensify as reinsurance capital reaches $425 billion

The newly-launched Willis Reinsurance Index highlights unprecedented capital levels and reinsurer RoEs under strain. Global capital dedicated to reinsurance continues to exacerbate the challenge of oversupply, placing further pressure on already weak rating conditions for the remainder of 2015.