patrick-tiernan_lloyd-s

20 September 2023Insurance

Lloyd’s warns on casualty reinsurance renewals: it’s the reset for 2024

Lloyd’s syndicates may be in for a reinsurance renewal on casualty books to mirror the mayhem in property seen just a year ago and need to get busy on pricing to get ahead of any pending cost shock, the corporation’s chief of markets Patrick Tiernan told underwriters in his Q3 market message.

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