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Property cat pull-back bodes well for pricing into 2023: JP Morgan

June 22, 2022

The fact some large and previously significant catastrophe exposed reinsurance firms have announced plans to pull-back and reduce exposures this year bodes well for pricing right through into 2023, according to analysts from JP Morgan.

With property catastrophe reinsurance rates and pricing rising significantly for many perils and regions at recent rounds of renewals, you might have expected the major players to be increasing, rather than decreasing their focus on the sector.

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