Casualty reinsurance renewals saw ‘modest’ rate changes in 2023: AM Best
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Casualty reinsurance renewals saw ‘modest’ rate changes in 2023: AM Best

Reinsurers maintained ‘ample’ capacity for 1 January renewals.

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A long run of interest rate hikes, lower catastrophe losses and a more stable economic environment in 2023 has led to reinsurers having “ample capacity for the 1 January 2024 renewal season”, according to a report from AM Best.

Reinsurers...

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