2023 has been an interesting year for the reinsurance property market. Reinsurers have been pushing for adequately priced business, shifting attachment points to avoid frequency of loss, and adjusting their pricing algorithms to account for change in the loss environment.
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30 October 2023 To overcome the challenges presented by such a diverse market, reinsurers must have a strong local presence and a deep understanding of the cultures and preferences of their clients, says Annie Leong.