Aon on 1.1: Smooth renewal, but unknowns keep new investors ‘on sidelines’
The 1 January treaty renewals went smoothly compared to the prior year, but a variety of uncertainties are keeping potential new investors away from the sector, according to Aon.
In its Reinsurance Market Dynamics report, published today, Aon described returning profitability and restored capital positions among reinsurers, as well as readily available retrocession capacity, as the hallmarks of this renewal, which encouraged reinsurance appetite growth.
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