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12 September 2023Insurance

Creating new risk retention norms

In the current excess and surplus (E&S) insurance landscape, the industry is grappling with a significant challenge: a lack of reinsurance capacity. With reinsurers prioritising protecting and optimising their capital, 1/1 renewals have been the most challenging in many years. This issue is not only impacting the market’s robustness but also affecting the dynamics of risk retention in the sector.

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