The year in reinsurance: From a peak hard market to casualty fears
After five years of major losses and underperformance, 2023 was a relief for the reinsurance segment, thanks to a wide correction in pricing and terms, along with a muted Atlantic hurricane season.
The year took off with reinsurers securing major gains on property catastrophe renewals after a nerve-wracking late renewal, amid a shortage of retro capacity and lack of cat appetite following Hurricane Ian.
Uncover exclusive insights tailored for insurance leaders
- Stay Informed: Access exclusive industry insights
- Gain a competitive advantage: Hear first about tactical developments
- Make better decisions: Understand market dynamics in crucial lines of business