Reinsurance renewals as of January 01 were shaped by deteriorating loss experience, a lack of new capital inflows and increasingly challenged environments in the primary insurance and retrocession markets, according to a report by global risk and reinsurance specialist Guy Carpenter & Company.
While reinsurance supply was largely able to meet increasing demand in all but the most constrained areas, outcomes varied by geography, line of business and cedent, Guy Carpenter said.
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