The post-Ian taper: How fast will the hard cat treaty market unravel?
After the panicky dislocation of the 1 January hard market, there is one central question that cat-exposed reinsurers are trying to puzzle out now as business planning ramps up for 2024: how long can this hard market run?
Generally, Q1 reporting season has thrown up positive commentary from reinsurers on the gains they have made, with reinsurance leaders such as Kevin O’Donnell and Jim Williamson predicting ongoing gains into next year, two years on from Ian.
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