Swiss Re estimates $200bn US cat reinsurance demand, expects 10-15% surge by 2024
Reinsurance News - May 18, 2023
Swiss Re estimates that the US alone has approximately $200 billion in demand for catastrophe (cat) reinsurance, and with climate change, demographic shifts, and inflation expected to persist, there is projected to be a 10-15% increase in demand between 2023 and 2024. In its report called “The...
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