Reinsurance Market Outlook: July 2021

Reinsurers reported solid earnings in Q1 2021, with Aon’s Reinsurance Aggregate ending the period with an estimated combined ratio at 96.6%, benefiting from previous rate increases. Global reinsurance capital remained flat compared to Q4 2020 at $650 bn. Alternative capital filled the $2 bn decline in traditional capital to end the quarter at $96 bn and $554 bn respectively.
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