Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
Reinsurance capital continues to creep upwards: Aon Benfield
- 17 April 2018
Global reinsurance capital continued to rise in 2017 as alternative capital funds reloaded, according to Aon Benfield.
Overall, reinsurance capacity inched upwards by 2 percent in 2017 to $605bn, despite the string of catastrophe events in the second half of the year.
Traditional reinsurance capital edged up by $2bn to $516bn while capacity from alternative capital providers rose by around 10 percent to $89bn.
The figures further support the view that hurricanes Harvey, Irma and Maria and the California wildfires...
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