Higher retentions will continue for property cat reinsurance: Guy Carpenter
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Higher retentions will continue for property cat reinsurance: Guy Carpenter

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Reinsurers’ views that the higher retentions they achieved this year in property cat reinsurance are “better right-sized" to current losses will continue to serve as their baseline for renewals into 2024, according to Dorothee Melis-Moutafis, Guy Carpenter’s North America COO and interim Europe CEO.

“As we're starting to see capacity rebounding in the property catastrophe space, our early indications and discussions with reinsurers are that those retention expectations broadly still hold true for reinsurance,” she commented during a press conference Wednesday.

Retention

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