Reinsurance structures of 2023 ‘here to stay’: Tiernan
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Reinsurance structures of 2023 ‘here to stay’: Tiernan

Reinsurers “weren’t getting paid” before 2023’s hardening, the Lloyd’s executive argued.

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The restructuring of property reinsurance contracts during 2023 to increase attachment points and tighten terms will not unwind in the near future, according to Lloyd’s chief of markets Patrick Tiernan.

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