2023 January renewals
In this IIL reinsurance webinar, Mike Van Slooten, explains the roots of a complex January 2023 reinsurance renewals season and offers a path towards understanding what might come next.
Many commentators have described these renewals as the most challenging in the last 30 years, with 'hard market' conditions now evident in property catastrophe reinsurance and retrocession business and war-impacted specialty classes.
In this session, Mike Van Slooten will explain how we’ve arrived at this position by looking at the key demand and supply drivers going into the renewals, including the impact of recent major loss activity and capital market volatility. He will then summarise the key outcomes of the renewals by geography and line of business, before offering some thoughts on what the latest developments may mean for cedants and reinsurers alike.
Learning objectives:
- Understand the drivers affecting reinsurance renewal negotiations in January 2023
- Appreciate the impact of macroeconomic factors on reinsurance market participants
- Explore how capacity, terms and conditions and rate change have been impacted by the changing market conditions
Chair: Ben Rose, Co-founder & President, Supercede
Venue
- Online event
Booking information:
You will be sent a confirmation email shortly after booking. If you have not received this within one hour, please contact Patricia Pedraza (020 7397 3911).
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.