Pricing stability expected after ‘rational’ July renewal aligns with 1.1: Gallagher Re
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Pricing stability expected after ‘rational’ July renewal aligns with 1.1: Gallagher Re

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Reinsurers secured significant rate increases to bring July-renewing deals in line with higher 2023 benchmarks, but it was a more “orderly and rational” renewal as some reinsurers began “leaning into the hardening market”, Gallagher Re said.

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