Experts anticipate difficult 1.1 renewal amid ‘convergence’ of challenges
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Experts anticipate difficult 1.1 renewal amid ‘convergence’ of challenges

Rachel Dalton
23 October 2022
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Reinsurers and brokers alike have warned of a rocky 1.1 renewal process ahead as the industry grapples with multiple issues including inflation, climate change and geopolitical uncertainty.

Speaking at the Guy Carpenter Symposium at the annual Baden Baden reinsurance conference, Guy Carpenter European CEO Massimo Reina said “different dynamics will apply” to the 2023 renewal.

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