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International

Australia sees late January property reinsurance renewals

January 06, 2023 Reprints

Reinsurer Gallagher Re said that Australia witnessed extremely late reinsurance renewals with very few reinsurers willing to provide quotations during the Jan. 1 renewal season, Asia Insurance Review reported. Reinsurers continued to push higher prices and were ready to withdraw from business that were unable to meet their requirements.

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Australia sees late January property reinsurance renewals

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