Reinsurers upped retro buying in 2019 as P&C GWP climbed 9%

ARA outwards cession ratios (P&C business only)

The cession ratio of Aon’s Reinsurance Aggregate (AGA) increased to 15.4 percent in 2019, up from 14.9 percent in 2018, with the broker noting a challenging operating environment during the year.

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