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Our 2023 coverage
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Some reinsurers are developing products and solutions for cedants’ newly retained risk under those higher attachment points, executives noted. -
Carriers benefited from improved rate adequacy and the impact of interest rate rises on investment returns.
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The ratings agency said the reinsurance market was ‘the hardest in decades’ amid tightened terms and conditions as well as increased rates.
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The insurer has been working to build a reputation for favorable reserve development after past sins.
