News Non-Life16 Jan 2019

Global:1 Jan reinsurance renewals muted despite high CAT losses

| 16 Jan 2019

The overall impact of catastrophe losses on property rates was muted at the 1 January 2019 reinsurance renewals, but the fourth highest annual catastrophe loss year on record did create questions over pricing adequacy, underwriting strategy and the amount of capital available, says Guy Carpenter, a leading global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan.

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