The most important date in the reinsurance calendar
January 1st is when the majority of reinsurance contracts are negotiated and renewed. Investors who engage early get first sight of the best opportunities.
What are reinsurance and retrocession?
Insurance buyer
Large corporates or governments buy protection against a risk, such as a hurricane.
Insurance
Insurers pool these risks and decide which to keep and which to pass on through reinsurance.
Reinsurance
The insurer transfers part of its risk, protecting itself from large losses so it can always pay claims.
Retrocession
Reinsurers pass some of their risk to other reinsurers and investors, managing their exposure to major events.
The road to 1 January
- September
High-level indications of demand
(Re)insurers indicate where they are looking for capital for January.
- October
First look at opportunities
Exclusive early sight of opportunities through the CatX platform.
- November
Analysis, pricing and early quotes
Review opportunities with investment committees and assess the modelling and information.
- December
Final quotes and acceptance
Insurers accept quotes and bind the remaining opportunities to close ahead of January.
Demystifying insurance-linked securities
Financial instruments that transfer insurance risk from insurers to capital markets.
- 4× lower volatility than the S&P 500
- 168.4% total return for the Swiss Re Cat Bond Total Return Index (2002 to 2023)
Start accessing January renewal opportunities
Book a meeting with a member of the team to see this season's opportunities first.
