MMA: $75bn+ insured event would be needed to temper “cautious optimism” in property reinsurance

Published: Fri 15 Mar 2024

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”.