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2015 a Continuation of the Worst Reinsurance Market in History?

business-graph-downward
September 05, 2014
A roundtable of reinsurance executives organized by Bloomberg News concluded “the worst reinsurance market in memory looks set to carry into 2015.” Read the full article. A.M. Best, Fitch Ratings, and Standard and Poor’s all have a negative outlook on the reinsurance industry. Is the reinsurance price deterioration during January, April, and July a trend that has favorably impacted your captive? A recent Guy Carpenter press release indicated many July 1 reinsurance renewals across all geographies and lines of business had double-digit rate decreases.  
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