General Insurance
A “hardening” reinsurance market – How to mitigate the adverse impact
For several years, the insurance industry has been anticipating a hardening of the reinsurance market, which last occurred in the early to mid-2000s. Soft market conditions have prevailed for nearly 15 years until 2020. The COVID-19 pandemic was arguably the final harbinger for what appears to be a hardening of the reinsurance market.
