MMA: $75bn+ insured event would be needed to temper “cautious optimism” in property reinsurance
A Marsh McLennan Agency (MMA) report has noted that the US property market is displaying signs of increased stability for the first time in six years, with the broker also suggesting it would take a single insured event of more than $75bn in losses “to temper the cautious optimism in reinsurance”.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below