‘Abundant capital’ moderates reinsurance renewal rates hike in January

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A “slower and more complicated” quoting process, rigorous contract reviews, later than average contract signing and “significant” pricing pressure for loss-impacted programs were the hallmarks of the January 1, 2021, reinsurance renewal, according to Guy Carpenter.

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Guy Carpenter, Renewals, Insurance, Reinsurance, Dean Klisura, North America

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‘Abundant capital’ moderates reinsurance renewal rates hike in January

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