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Retro capacity supply declined further at renewals: Gallagher

Posted On: Jan. 30, 2023 9:25 AM CST

Reinsurer Gallagher Re said that aggregate retrocession capacity supply shrank further at the January reinsurance renewals and is less available than ever with more restrictive terms, Artemis reported. Gallagher Re noted that retrocession capacity on an indexed basis was sometimes more favorably available to buyers if they were willing to be more flexible on collateral terms.