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Brokers want reinsurers to embrace volatility and expand coverage

Posted On: Sep. 28, 2022 9:50 AM CST


According to U.K.-based consultancy firm Peel Hunt LLP, reinsurance brokers want the reinsurance industry to embrace volatility and scale up to leverage the opportunity arising from climate change, a widening protection gap, and growing demand for cyber and intellectual property risk transfers, Reinsurance News reported. Brokers also need reinsurers to be more transparent with their pricing and reinsurance structure.