Reinsurance capital cushioned for HIM blow

The reinsurance industry's capital position is stronger than
at any time since the 1970s and should be comfortably able to
absorb losses from recent catastrophes, according to JLT Re's
global head of analytics David Flandro.
The broker estimated that as at 30 June, the reinsurance sector
could draw on $328bn of dedicated balance sheet capital, including
insurance-linked securities market capacity, with expected premiums
for the year of $257bn.
This produces a solvency margin ratio of 128 percent