Growth in a soft market should not be labelled as ‘inherently bad’ – Gallagher Re

soft market, supply and demand

Although reinsurance rate growth is experiencing a slowdown, other levers – such as acquisitions or managing risk exposure – can help to bolster business growth during 2025’s softer market conditions, says broker experts

With reinsurance rate growth continuing to falter in the face of softer market conditions, reinsurers are having to rely on other tools within their arsenal to secure “profitable growth” – this means the industry “should be careful about framing growth in a softening market as inherently bad” because there is still “strong rate adequacy across many lines”, according to William Thompson, head of global clients and managing director at Gallagher Re.

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