until renewals
retrocession market transacts
reinsurance market transacts
average annual reinsurance returns
Large corporates or governments buy protection against a risk (such as hurricane).
Insurers pool these risks together and decide what risks to keep and which to offload with reinsurance.
Insurance company transfers part of its risk,
protecting itself from big losses and ensuring it can pay out claims without jeopardizing its financial stability.
Reinsurers passes some of their risk to another reinsurer, managing their exposure to significant losses, especially from major events like natural disasters.
(Re)insurers give indication of where they are looking for capital for January
Exclusive early sight of opportunities through the CatX platform
Review opportunities with investment committees and assess the modelling and information
Insurers will accept quotes and bind the remaining opportunities to close the transactions ahead of January