Variable sign-downs on cat risk but broader equilibrium on supply-demand recovery: GC
Guy Carpenter’s global head of distribution Lara Mowery has said increased reinsurance-capital supply was keeping pace with demand from cedants, as over-subscriptions on top-layer catastrophe risk were only emerging in the 1 January renewals on adequately priced business.
“The capital bounce-back is alive and well,” she said, although she also noted that reinsurers – even with their desire to grow – were still very attuned to pricing and technical adequacy.
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