Interesting piece from Global Reinsurance. The cycle continues its flow. “Usual suspects” in a cycle as strong contributors to profitability include P&C results, obviously underpinned by a relatively kind Nat Cat. But, to what extent did IFRS 17 discounting benefits play a role? These are not generally part of the cycle and will not recur until the International Accounting Standards Board hatches and implements another revenue-generating scheme at the insurance industry’s expense. 🙂
H1-2025 Reinsurance Results
