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The 1.1 2023 renewals could prove brutal in property, with rates on some loss-encumbered accounts doubling, with all-perils coverage wiped off the market and with most players still uncertain into the new year what form and shape of reinsurance coverage they will be backed by, the chief of Ryan Specialty has said.
Reinsurance, 1.1 Renewals, Property Catastrophe, Rates, Ryan Specialty, US