European re/insurer Zurich has made some adjustments to its reinsurance coverages for 2024 with the addition of a new $300 million top catastrophe layer to its Europe all perils tower, while the retention on its U.S. all perils tower has come down by $50 million to $600 million.
Alongside the release of a strong set of results for 2023, Zurich has today provided an update on its reinsurance arrangements for the year ahead, with some notable changes from last year’s programme.
