US April reinsurance renewals expose emerging ‘sticker shock’ for buyers
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US April reinsurance renewals expose emerging ‘sticker shock’ for buyers

Financial market design concept

April reinsurance renewals in the US are relatively lower scale compared to other major renewal dates, but some deals still came down to the wire and revealed a growing mismatch between supply and demand in certain niches.

With a huge spectrum of rate change depending on the profile of the cedant and their loss experience, there was no clear overall signal on the average pace of increases.

As

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