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Reinsurance Market Outlook: April 2020

Despite market and economic uncertainty renewals in April reflected the strong capital position of the market pre-COVID-19 and centered around strong underwriting principles. Markets experiencing higher losses in the prior year saw some rate adjustment while others renewed commensurate with renewals earlier in the year. Concerns remain regarding the short- and long-term impacts of COVID-19, perhaps most distressing among them the potential impact of sweeping regulatory mandates that would impair the industry.    

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