No. of Recommendations: 8
"It looks like the strong reinsurance results may continue through 2026.
https://www.insurancebusinessmag.com/ca/news/reins...
The global reinsurance sector is poised for strong earnings growth between 2024 and 2026, building on robust results in 2023, according to an analysis by S&P Global Ratings.
Key drivers include decade-high investment yields and consistent rate increases in property and property catastrophe lines, supported by structural changes implemented since early 2023."One of the nice things about owning a reinsurance company is that it is a lot less regulated than a frontline insurance company. Yes, there are still regulations, but no where near the same order of magnitude. This is especially true on rate increases. Most frontline insurers have to face state insurance boards to get major rate increases approved.
Companies that sell reinsurance generally do not have to do that. If the frontline insurers do not like the rates, they are free to go somewhere else, but in reinsurance, reputation often matters more than rates.
