Intelligence: Hardening continues with reinsurance renewals
January’s renewals saw reinsurers playing hardball not only in their pricing, but also in the structures of their clients’ reinsurance programmes. Post explains why the hardening market is not driven by a lack of capital, but by renewed underwriting discipline.
From a deep-winter freeze, and a major hurricane, to heatwaves, floods and severe thunderstorms, 2021 included virtually every conceivable extreme weather event. So the claims picture was never going
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