Vickers: Reinsurance market ‘very sensitive’ to inflation or loss surprise
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Vickers: Reinsurance market ‘very sensitive’ to inflation or loss surprise

Fiona Robertson, 
Rachel Dalton
01 July 2022
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The reinsurance market is “really very sensitive” to any deterioration in assumptions over inflation and interest rates or major cat losses, Gallagher Re managing director of EMEA North and East James Vickers said.

This comes as the broker released its mid-year renewals report noting that cat pricing in Florida and Australia was approaching distressed levels, as reinsurers have withdrawn capacity for frequency covers.

The

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