June renewals bring modest increases for reinsurers

Reinsurance buyers saw modest increases at 1 June renewals as markets largely remained well-capitalised, but exclusionary language concerning communicable disease and cyber exposures became more pervasive and tighter. As first reported in Business Insurance, the reinsurance price increases were lower than anticipated, some observers said. “I don’t think reinsurers are getting what they thought they might be getting” in terms…

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