Cyber carrier tactics diverge on reinsurance amid increased net bets after 1.1
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Cyber carrier tactics diverge on reinsurance amid increased net bets after 1.1

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The 1 January renewals featured a significant shift in reinsurance-buying tactics among cyber insurers, as carriers including Axis and Brit have chosen to non-renew their stop-loss cyber coverage, this publication understands.

A shift away from quota share cover as well as aggregate stop-loss deals will leave carriers retaining more risk in a softening market, which should help to reinforce pricing discipline, as Insurance Insider US has previously argued.

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