European reinsurance underwriters showed discipline in January despite ample capacity, AM Best....

European reinsurance underwriters showed discipline in January despite ample capacity, AM Best said this week.

Overall premium rates have decreased "moderately", with some expected increases in US property lines exposed to the hurricanes in 2004, the ratings agency revealed.

January renewals suggest this could lead to further price reductions, particularly among relatively new players, it said.

AM Best said widespread exposure to the hurricanes in the US and the typhoons in Japan in 2004 suggest reinsurers can expect excellent results under "normal conditions."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.