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Beginning of a New Era—Impact of Global Issues in (Re)Insurance

Beginning of a New Era—Impact of Global Issues in (Re)Insurance The global nature of the reinsurance industry has enabled the diversification of risk away from concentration in specific regions ...
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Description: The global nature of the reinsurance industry has enabled the diversification of risk away from concentration in specific regions to the larger global market. However, record catastrophe losses, inflation stemming from increased interest rates, geopolitical tensions and heightened climate risk are putting operating pressures on insurers and reinsurers. Article discusses the implications.
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- Authors: Jeremy Waite
- Date: Jun 2024
- Competency: External Forces & Industry Knowledge
- Publication Name: Reinsurance News
- Topics: Reinsurance>Catastrophe reinsurance

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Beginning of a New Era—Impact of Global Issues in (Re)Insurance