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Podcast: The Voice of Insurance
Episode: Ep148 Reinsurance Reset 2023 with David Priebe, James Vickers & David Flandro
Description: Today’s podcast carries on where we left off after the State of the Reinsurance Market Special Episode which was released after Monte Carlo.
We already knew this renewal was going to be difficult, but the subsequent intervention of Hurricane Ian stiffened reinsurers’ resolve further.
The result was a bruising and often frustrating encounter. You should already know the headline numbers by now:
Dedicated reinsurance capital shrank by the most since the global financial crisis of 2008
Global property catastrophe pricing was up 37% - the largest 1.1 increase since 1992
And there was...