Life has not been easy for reinsurers in the past few years. Claims for natural catastrophes and pandemic-related losses have wiped out a large part of their profits.
But the latest set of global problems — war in Ukraine, galloping inflation and the ever-increasing risks of climate change — have jolted them into action. In some areas, they are putting up the price of coverage, in others they are retreating altogether.
“What looked like?.?.?.?a gradual change is increasingly looking like a knee-jerk change,” said Stephen Catlin, an industry veteran and chief executive of insurer Convex.
您已閱讀9%（592字），剩余91%（6058字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。