TransRe: Further US public D&O price cuts will push market LR beyond profit point
Continued US public D&O price decreases will in 2024 push the market’s loss ratio past the point where it will return a profit, according to TransRe, with the reinsurer “confused” by the current state of the underlying sector and its recent 18 months of rate decreases.
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