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Our 2023 coverage
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More than half of the top 20 global reinsurers maintained or reduced their natural catastrophe exposures during the January 2023 renewals. -
The broker said that capital levels should stabilise at previous levels, given a normal second half.
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However minor an irritant these losses are for global carriers, their impact is likely to have an outsized influence on the narrative heading into the 1 January renewals.
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The carrier was originally in the market for extra capacity at January 1 before pulling plans.
