Upcoming 1.1 will be ‘orderly’ against ‘chaos’ of last renewal: Swiss Re’s Baertschi
The upcoming January 1 renewal will be “orderly” and a “continuation of the discipline and focus by the reinsurance industry,” Swiss Re’s CEO of property and casualty reinsurance Urs Baertschi told investors.
Baertschi said the upcoming renewal would be “in contrast to the chaos” experienced in the market last year.
The P&C Re CEO added that there is “enough capacity for most risks out there, but it’s about risk appetite” which he...
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