Caribbean insurers face profit pressure due to challenging reinsurance renewals: AM Best
Reinsurance News - Oct 09, 2023
Caribbean domestic insurers are grappling with a challenging reinsurance renewal season this year, as per a recent report by AM Best. The region has experienced a reduction in reinsurance capacity between 10% and 15% in 2023, primarily driven by factors such as increased non-modeled events in the Un...
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