A hard market will endure until more capital flows in: Guy Carp
Attracted by the continued hard market conditions, new capacity is entering the industry. But it is not enough to patch up gaps in cedant demand and comes with pricing expectations that mean prices will not soften, top executives at reinsurance broker Guy Carpenter have claimed.
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11 September 2023 A number of investors are waiting in the wings, but they want to see long-term resolve from the industry before they invest, says David Priebe.