Insights
2023 1.1 REINSURANCE RENEWALS: THE HARD MARKET RETURNS
This year’s 1.1. reinsurance renewal season has been particularly challenging for many in the industry, mainly as certain events and rapid changes in market conditions meant that reinsurance capital was significantly contracted.
As cedents and reinsurers worked to find a new market equilibrium in a very late and hectic process, with the market ultimately clearing properly, what specific factors led to this singular and erratic renewal season, and what does it mean for 2023?
Our report, 1.1 Reinsurance Renewals: The hard market returns, features exclusive interviews and commentary from industry leaders at Aon Reinsurance Solutions, Fitch Ratings, Gallagher Re, Howden, and Mosaic Insurance, putting the renewals into perspective and examining the seminal events that led to such a turbulent 1.1 renewal.