Insight and Intelligence on the London & International Insurance Markets 22 Oct 2017
Reinsurance capital cushioned for HIM blow
- 10 October 2017
The reinsurance industry's capital position is stronger than at any time since the 1970s and should be comfortably able to absorb losses from recent catastrophes, according to JLT Re's global head of analytics David Flandro.
The broker estimated that as at 30 June, the reinsurance sector could draw on $328bn of dedicated balance sheet capital, including insurance-linked securities market capacity, with expected premiums for the year of $257bn.
This produces a solvency margin ratio of 128 percent, meaning the sector...
- If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
- Login Free trial