Reinsurance capital to hit ~$620bn in 2024: AM Best
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Reinsurance capital to hit ~$620bn in 2024: AM Best

Reinsurers continued to diversify into primary and specialty business.

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Total dedicated reinsurance capital is expected to rise to around $620bn in 2024, according to AM Best.

In a report, the ratings agency said that, factoring in a 10% increase in traditional capital, reinsurance capital will reach $620bn-$625bn this year.

At...

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