GC: Loss-impacted property cat up 10-30%+ at 1.1 amid “changing nature of risk”
Although capacity was sufficient overall to complete property cat programs, it was more restricted on lower layers, aggregates, multi-year and per risk covers as reinsurers “reassessed risk appetites” and inflationary impacts, according to Guy Carpenter in its 1 January renewals report.
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