Analytics and Science Critical for European Insurers Approaching 2027 Renewals

Willis Re's Tina Thomson stated that European insurers are approaching the 2027 renewals from a position of strength, supported by record levels of reinsurance capital and softening rates through 2026. However, Thomson noted that even in a well-capitalized market, large or clustered events are closely watched as they can significantly impact annual results. To secure protection, insurers must use science and analytics to evidence their exposure.

The ability of insurers to combine peril research with high-quality exposure information is critical for making decisions on capital, portfolio optimization, and pricing. This integrated view allows both cedants and reinsurers to trust the risk assessment.