Some retro buyers more “commercial” on rolling trapped collateral at renewals: Gallagher Re
The supply-demand balance for global non-marine retrocession continued to tilt in buyers’ favour, as cedants were presented with opportunities to expand their retro purchases at the mid-year reinsurance renewals and some market participants took a commercial view on collateral trapping, according to Gallagher Re. As per the reinsurance broker’s 1st