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2 January 2024Reinsurance

Reinsurers meet 1.1 capacity demand, but stand strong on terms and pricing

The 1.1 2024 renewals drew sufficient reinsurer capacity to clear the bar, but with discipline holding sufficiently to keep newly fought terms & conditions firmly in place and bring some single-digit risk-adjusted rate gains to global property cat, analysts at reinsurance brokerage Guy Carpenter have claimed.

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