News Reinsurance08 Sep 2022

Reinsurance:2023 reinsurance renewal cycle likely to see further pricing pressures

| 08 Sep 2022

The three 'C's of climate, conflict and capital are coalescing to create a tipping point for the reinsurance market, with 2022 mid-year renewals seeing rate increases accelerate to their highest levels since 2006, says international insurance broker Howden. The 2023 reinsurance renewal cycle is likely to see further pricing pressures.

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