Reinsurance hardening trend continues at mid-year renewals: Gallagher Re

01-07-2022

Reinsurance hardening trend continues at mid-year renewals: Gallagher Re

James Kent, global CEO of Gallagher Re

Almost all buyers were able to secure the capacity they desired at the July 1 renewals, but the cost of ceding risk were higher than anticipated, as well as restricted supply in some lines and territories led to stresses not seen for several years, according to the latest 1st View renewals report from global reinsurance broker Gallagher Re.


Gallagher Re, July 1 Renewals, Hardening Trend, Cost, Ceding, Risk, Higher, James Kent, North America, Insurance, Reinsurance

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