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Reinsurance renewal pressures to continue in APAC

Posted On: Feb. 14, 2023 9:53 AM CST


According to George Attard, chief executive at Aon Reinsurance Solutions Asia Pacific, the reinsurance renewals pressures that the APAC region experienced during the January renewals are likely to persist during the April and July seasons, Artemis reported. However, Mr. Attard believes that the placement process will be significantly more orderly, with a little more capacity flowing into reinsurance, including from insurance-linked securities sources.