Navigating The Hard Market For A New Era

Discipline must remain amid worries over casualty if investors are to believe in the industry long term. That was one of the takeways from 12 senior executives from the Bermuda market who met at a roundtable in Monte Carlo.

The reinsurance market is broadly in a good place: rates are adequate, and reinsurers are earning profits following a rapid hardening and restructuring of the market in the past two years. But many challenges remain, and the industry must demonstrate it can post solid results for a longer period if it is to convince investors to commit to the industry. That was the overall sentiment of the Bermuda:Re+ILS roundtable, called "Navigating a hard market for a new era", sponsored by Aspen Insurance Group.