Big four reinsurers look to hardening market after Covid bites to the tune of £6.5bn
The big four reinsurers believe they are poised to take advantage of the hard market in 2021, with all but Swiss Re reporting profit in 2020 despite a combined property and casualty pandemic hit of £6.5bn.
The January 2021 renewals marked a strong acceleration of the property and casualty reinsurance market hardening after “years of high natural catastrophe losses, attritional inflation and low interest
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