At last some good news for reinsurers…
Global P&C (re)insurance underwriters can at least look to potential pockets of increased demand in the US and Europe before the key January renewals.
These are emerging as strong third quarter results and a relatively benign hurricane season draw to a close and over-capacity and capital returns come into sharper focus.
Following a string of major losses, there are parts of the
P&C sector generally enjoying price rises, such as offshore
energy and political risk/trade credit.
Two other areas of...
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