Swiss Re set to benefit from retro lock-up in 1.1 renewals: Dacey
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Swiss Re set to benefit from retro lock-up in 1.1 renewals: Dacey

Swiss Re logo Zurich new.jpg

Swiss Re stands to benefit as competitors struggle to secure retro capacity when they look to renew their own inwards treaty reinsurance business on 1 January, according to CFO John Dacey.

On a call following the publication of the carrier’s Q3 results this morning, the executive commented on the lack of fresh retro capacity this autumn as investors shy from cat volatility following repeated meaningful losses.

Yesterday,

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