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Reinsurers Hope Profitability Party Will Last – But All Good Things Must End

September 11, 2023

Reinsurers are hoping the profitability party will last as reinsurance pricing and structural changes to tighten terms and conditions have increased returns to above the cost of capital for the first time in a decade.

As with previous market cycles, however, all good things must come to an end as better underwriting returns will eventually attract more capital and lead to a softening of the market. But for now, the reinsurance market is enjoying the rewards.

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