Reinsurance capital up 7% in 2020 despite Covid-19 turbulence, finds Wills Re

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Dedicated global reinsurance capital was up 7% last year to $658bn, primarily driven by strong investment market appreciation, according to the latest Willis Re Reinsurance Market Report. The biannual publication says new capital raised by both incumbents and new entrants added to the year-end total, but notes that capital returns to shareholders exceeded those new investments. James Kent, global CEO…

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