Reinsurance market to stay hard during 2020, says Moody’s

P&C reinsurance buyers expect prices to remain flat or rise moderately during 2020, according to Moody’s’ annual survey of cedants. This is a result of reinsurers and insurers reassessing their risk-adjusted returns following substantial catastrophe claims in the past two years, and in response to rising casualty claims. “While reinsurance demand has grown over the past two years, most cedants…

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