23 February 2018

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Climate change

5 February 2018

Dear fac-ster,

Well, we're still early into 2018 but who wouldn't begrudge us a little pat on the back after such a turbulent few years?

According to JLT Re's Reinsurance Market Perspective report, although the continuing reinsurance capital surplus mitigated rate rises at 1 January, there were some notable winners: loss-hit US property cat, property retrocession and global direct and facultative (D&F).

As the report noted, although global D&F rate movements diverged significantly depending on the cedant and loss experience,...

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