Reinsurers fear casualty clash exposures

One of the key concerns of (re)insurers in the current market is
their inability to quantify the effect of a systemic casualty event
on their portfolio, according to the findings of a new survey.
The canvass of (re)insurers in the European and US casualty
markets by risk modelling specialist Russell Group revealed that
reducing premiums, increasing exposures and connected risks are the
main concerns in 2016.
Some 64 percent of casualty underwriters agreed that the soft
market is their biggest...