Current State of the Market - icmif
Current State of the Market - icmif
Current State of the Market - icmif
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Reinsurance market cycles<br />
Rates Rise<br />
Rates Rise<br />
New capital attracted<br />
Greater<br />
pr<strong>of</strong>itability<br />
<strong>Market</strong> flattens<br />
New capital<br />
attracted<br />
Pricing<br />
decreases<br />
Pricing<br />
decreases<br />
Is <strong>the</strong>re still a macro cycle?<br />
• Reduced barriers to entry<br />
• New products and investment strategies<br />
• New capital anticipates market hardening<br />
• Continued over-capitalisation<br />
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