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29 January 2024Reinsurance

Casualty reinsurance rate catch-up could be ‘multi-year journey’: Gallagher

Casualty reinsurance could be in for a ‘multi-year’ market hardening as the industry wakes up to possible reserve inadequacy following the recent bout with economic inflation and enduring problems with social inflation, top officials at global insurance broker Arthur J Gallagher have warned.

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