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Swiss Re sees P&C reinsurance competition

Life and health reinsurance growth is tied to strong U.S. mortality, AM Best News reported.

At a glance

  1. The life and health reinsurance segment is expected to grow, tied to strong U.S. mortality.
  2. The report gave no rate or capacity figures for the P&C pressure.
  3. For ILS allocators, the open question is whether the P&C competition reaches treaty pricing at the next renewal or remains in commercial lines.

Swiss Re Ltd.'s chief executive sees competitive pressure in the group's commercial insurance and property/casualty reinsurance segments, AM Best News reported Nov. 5.

The life and health reinsurance segment is expected to grow, tied to strong U.S. mortality.

The report gave no rate or capacity figures for the P&C pressure.

For ILS allocators, the open question is whether the P&C competition reaches treaty pricing at the next renewal or remains in commercial lines.

Reported by the Cat bonds & reinsurance desk from AM Best News. Published . Corrections

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