Property reinsurance in capacity & retro clinch in 2023, WTW warns

09-12-2022

Property reinsurance in capacity & retro clinch in 2023, WTW warns

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A cut to global reinsurance capacity, compounded by a “major retreat” of retro capital, will drive property reinsurance rates up globally by anywhere from 5% to 40% depending on region and loss history, global broker WTW has said in recent research.


Reinsurance, 1.1 Renewals, Reinsurance Broking, WTW, Rates, Forecast, Global

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