Top takeaways on 1.1: Cat aversion the central dynamic
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Top takeaways on 1.1: Cat aversion the central dynamic

London Financial District Skyline

A final flurry of deal-making over the past 10 days has patched together the vast majority of the 1 January reinsurance renewals in time for New Year, but it has been one of the toughest renewals for cedants and brokers for many years.

Private deals in various forms marked the past week of trading, particularly on European catastrophe business but also to some extent on US cat, meaning that the ultimate outcome for reinsurers will be harder to gauge and more variable.

“We’ll...

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