Zurich added European reinsurance limit, but 2023 cession rate down y/y

Zurich added limit atop its European all-perils reinsurance tower, but ended 2023 with a decline in its overall P&C reinsurance cession rate following reductions to the North American tower dating back to the mid-year renewals.

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Zurich added European reinsurance limit, but 2023 cession rate down y/y

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