Casualty/GL
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Nearly 80% of respondents said underwriting capacity decreased in the quarter.
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The reinsurers point to falling interest rates and loss experience as the basis for further hardening.
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The reinsurance CEO says Swiss Re will cut back its US casualty share. -
The executive will work alongside outgoing chief Richard Pryce for the next few months.
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The Samir Shah-led firm has transferred risks for more than 15 MGAs.
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July rains and typhoons Maysak and Haishen severely damaged Kyushu region, the body said.
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Alternative capital reduced by around $3bn in H1 2020 due to trapping.
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Joe Jackson becomes the latest in a line of retro or reinsurance brokers to transfer to the smaller intermediary.
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The former Everest Re CEO will join the firm after a major US hiring spree.
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Mallon and Foxall will join a 120-person international reinsurance team later this year.
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The Aon Reinsurance Aggregate (ARA) stock index fell by 46 percent in the five weeks to 23 March due to Covid-19.
