News Non-Life08 Jul 2024

Australasia:Smaller variances seen at mid-year property reinsurance renewals

| 08 Jul 2024

There was a much smaller variance in property catastrophe quotations during the mid-year property reinsurance renewals in Australasia, compared to 2023, as reinsurers have been relatively accepting that they have reached levels of long-term price sustainability, according to Gallagher Re, one of the largest global reinsurance brokers.

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