Swiss Re forecasts rate hardening in re/insurance through 2022

Global reinsurance giant Swiss Re has forecasted continued rate hardening for the insurance and reinsurance market right the way through 2022, with re/insurers reduced risk appetites due to numerous factors the main driver of rising prices. “We expect re/insurance rate hardening to continue through next year,” Swiss Re explained. Adding that, “The tightening of capacity … Continue reading Swiss Re forecasts rate hardening in re/insurance through 2022