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13 December 2023Insurance

1.1 will clear on existing capacity, rates look firm: Gallagher

The reinsurance market is on track for an orderly renewal at 1.1, with the existing stable of reinsurance providers set to meet market demand, unsupported by any new capital inflows, leaving rates firm across the market, a top official from global brokerage group AJ Gallagher has said.

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