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Heightened state of caution at renewals
18 June 2020
Rachel Cohen, Senior Treaty Broker, was recently interviewed by Insurance Day for an article titled:
Covid-19 triggers hard market as US cat rates soar
.
Rate hikes of up to 45% at June 1 renewals signalled a key turning point for the reinsurance industry but with Covid-19 losses still unfolding, this may just be the beginning.
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