Fac reinsurance demand rises to fill gaps after ‘bloodbath’ 1.1 treaty renewal
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Fac reinsurance demand rises to fill gaps after ‘bloodbath’ 1.1 treaty renewal

US Currency: Wads of US bills fastened with rubber bands, close-up

This year’s turbulent and frantic 1 January reinsurance renewal has left the market in a profoundly different place to last year or even six months ago.  

The meaningful withdrawal of retro capacity, investor fatigue with volatile reinsurer results and the compound effect of years of dramatic cat events in every major region have sparked a profound change to what kind of reinsurance capacity can now...

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