Many US cedants are holding back their catastrophe programmes, while reinsurers are refusing to quote those that are presented as the market is paralysed by uncertainty around the stalled retro renewals.
US cat reinsurance market in stand-off

Many US cedants are holding back their catastrophe programmes, while reinsurers are refusing to quote those that are presented as the market is paralysed by uncertainty around the stalled retro renewals.
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