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Many cedants secured aggregate and subsequent coverage at 1 January. -
Concern over rate adequacy remains, but reinsurers are delving deeper into data rather than walking away.
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The agency’s outlook for global reinsurance remains at Positive.
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The carrier’s Q3 net income will be around $100mn, far below consensus.
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The broker said the casualty segment is approaching an “inflexion point”.
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Legal trends, the primary pricing micro-cycle and other factors all play into an opaque outlook.
