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JLT Re: January 2019 Reinsurance Market Report 03/01/2019
JLT Re has released an update on global reinsurance market conditions.
- Pricing was broadly stable at the 1 January 2019 renewal, despite pressures building in the reinsurance market
- Rate increases were restricted to classes suffering sizeable losses or where performance has deteriorated
- Tightening supply dynamics and continued large losses absorbed some excess capital at the margin, although the reinsurance market remains well capitalised overall
Click here for access to the full report.