{"id":2062,"date":"2024-12-31T08:00:50","date_gmt":"2024-12-31T09:00:50","guid":{"rendered":"https:\/\/lifeline-chiropractic.com\/?p=2062"},"modified":"2024-12-31T11:24:32","modified_gmt":"2024-12-31T11:24:32","slug":"global-reinsurance-capital-up-7-to-607bn-in-2024-guy-carpenter-am-best","status":"publish","type":"post","link":"https:\/\/lifeline-chiropractic.com\/index.php\/2024\/12\/31\/global-reinsurance-capital-up-7-to-607bn-in-2024-guy-carpenter-am-best\/","title":{"rendered":"Global reinsurance capital up 7% to $607bn in 2024: Guy Carpenter, AM Best"},"content":{"rendered":"

Data from Guy Carpenter, the reinsurance broking arm of Marsh McLennan, and ratings agency AM Best, shows that global reinsurer capital has grown by approximately 7% year-on-year, rising from $568 billion in 2023 to a projected $607 billion in 2024, with growth in both traditional and alternative capital.<\/p>\n

Traditional capital grew by 7%, rising from $468 billion at year-end 2023 to an estimated $500 billion at the end of 2024, according to Guy Carpenter and AM Best.<\/p>\n

Similarly, alternative reinsurance capital increased by 7% year-on year, from $100 billion to $107 billion. This growth is attributed to robust activity in the 144A catastrophe bond market, which saw 67 cat bonds issued, placing approximately $17 billion in limit for 2024, according to Guy Carpenter\u2019s figures.<\/p>\n

As shown in the chart below, global reinsurer capital is at its highest level to date, having increased by $171 billion, or 39%, since 2018. The 2024 total is also $36 billion higher than the previous end-of-year peak recorded in 2021.<\/p>\n

\"2024-reinsurer-capital-guy-carpenter\"<\/p>\n

Yesterday<\/a>, reinsurance broker Guy Carpenter noted that at 1.1 2025, \u201cproperty catastrophe renewals were consistently oversubscribed as reinsurer appetite increased by 10% to 15%.\u201d<\/p>\n

The post Global reinsurance capital up 7% to $607bn in 2024: Guy Carpenter, AM Best<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Data from Guy Carpenter, the reinsurance broking arm of Marsh McLennan, and ratings agency AM…<\/p>\n","protected":false},"author":1,"featured_media":2064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/posts\/2062"}],"collection":[{"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/comments?post=2062"}],"version-history":[{"count":2,"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/posts\/2062\/revisions"}],"predecessor-version":[{"id":2065,"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/posts\/2062\/revisions\/2065"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/media\/2064"}],"wp:attachment":[{"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/media?parent=2062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/categories?post=2062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeline-chiropractic.com\/index.php\/wp-json\/wp\/v2\/tags?post=2062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}