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2 January 2024Reinsurance

Reinsurers came through at 1.1, chase top layers & loss-free

Reinsurers brought sufficient capacity to the 1.1 renewals to clear the property books, albeit while holding the line on structures and advancing some rates, while casualty took the comparative heat and cycled out of favour, analysts at reinsurance brokerage Gallagher Re said of the 1.1 renewals just closed.

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