‘We are now in a hard market’: RenRe’s O'Donnell
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‘We are now in a hard market’: RenRe’s O'Donnell

Fears over the scale of Covid-19 losses, a drying up of retro capacity from the capital markets and worries about social inflation are driving a hard market for reinsurance, RenaissanceRe CEO Kevin O'Donnell said today.

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