Reinsurance executives have expressed an openness to engaging in both casualty and property business, despite concerns surrounding social inflation and claims volatility. They emphasized the need for improved transparency and collaborative discussions with insurers to navigate these challenges effectively. Notably, RenaissanceRe’s executive vice president highlighted the importance of adapting claims practices and fostering dialogue to better understand the underlying risks associated with casualty insurance. As the market evolves, reinsurers remain focused on building partnerships while addressing the pressing issues causing adverse loss developments.
