After experiencing a significant capital impairment in 2022, re/insurance capital is “slowly returning to its previous levels,” and as reinsurers continue to benefit from hard market conditions, the sector should exceed its cost of capital for the first time in this cycle, according to Howden Tiger.
Global reinsurance broker Howden Tiger has released its interim re/insurance market update report, which highlights a strong underperformance in the first half of the year on the back of premium growth, stable reserves, and steady capital levels as a result of investment recoveries.
