£ € 01011 $ 01001 Y 10010 01010 S £ This time is different Six trends that will determine the future of global non-life reinsurance Authors Clive Buesnel Insurance Leader – UK +44 (0)20 7303 3247
[email protected] Neal Baumann Global Insurance Leader +1 212 618 4105
[email protected] Kurt Mitzner Insurance Leader – Germany +49 21187 722656
[email protected] Peter Evans Insurance Research Leader – UK +44 (0)20 7303 0010
[email protected] Will Wilson UK Insurance Regulation & Advisory +44 (0)20 7007 7088
[email protected] Gaurav Narula Insurance Research – UK +1 678 299 5112
[email protected] Contact details of our insurance leaders across the world can be found at the end of this report. Discover more insurance insights and analysis like this at deloitte.co.uk/Insurance This time is different | Six trends that will determine the future of global non-life reinsurance Contents Foreword 02 Executive summary 03 Part one: Future trends 05 Part two: Future scenarios 35 Conclusion 40 Endnotes 41 Contacts 42 01 This time is different | Six trends that will determine the future of global non-life reinsurance Foreword The global non-life reinsurance industry has consistently delivered high returns, weathered storms both natural and financial, and innovated the way in which risk is identified, analysed and controlled. Yet, for an industry built on forecasting In this report Deloitte’s leading reinsurance We would like to thank those who took and preparing for the unexpected, we tend specialists have focussed on developing a part in our research. We look forward to to overestimate the speed and scale at deeper understanding of the trends that your feedback on the report and welcome which we change.