SiriusPoint’s Sankaran: Casualty ceding commissions “unacceptable” for reinsurers

SiriusPoint’s Sid Sankaran has stated that casualty ceding commissions have “reached unacceptable levels” from a reinsurance perspective but are “quite attractive” from an insurance angle, with the executive also commenting that property cat reinsurance pricing at 1 January was “under our expectations”.

 

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