As reinsurance rates climb and more of the same predicted for 2024, it is becoming trickier for insurtechs to survive in the hard market, but with every negative comes a positive
At the start of 2023, many firms would have seen some of the highest reinsurance rate rises in a long time, which subsequently led to one of the hardest property catastrophe reinsurance markets witnessed in a generation.
But how might this impact insurtechs?
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