Moody’s highlights rising reinsurer PMLs and predicts further cat pricing pressure
Reinsurers’ 1 January 2023 disclosed modeled probable maximum loss (PML) exposures were generally significantly higher than the prior year as reduced equity capital from unrealized investment losses coincided with greater capital deployment by some to hard cat market opportunities, according to Moody’s.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below