Amidst ongoing climate volatility, Australian businesses can’t catch a break. With escalating insured losses across Australia, particularly in the last half-decade (which included the 2018-2019 bushfires, the floods of 2020-2022,…
The cost of reinsurance can be a significant part of an insurer’s expenses, particularly in the prevailing hard, rocky seas of the reinsurance market[1]. With recent reinsurance policy…
In the prevailing hard reinsurance market, global reinsurance capital has shrunk (Williams, T. 2022) and traditional reinsurance protection is becoming increasingly expensive for insurers. Therefore, finding support…
Matthew Rose, Justin Ward and Victor Hai discuss how the structure of perpetual treaties in the traditional life reinsurance model may reduce alignment between the insurer and reinsurer, to the insurer's detriment.
