What Happened to Reinsurance ‘Class of 2023’? Hard Market Defies Age-Old Patterns.
Insurance Journal - Jul 12, 2024
Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in turn drove the formation of startup reinsurers to fill capacity needs. Reinsurers launched in “the class of 1992,” “the class …...
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