Psychological shift has driven over-subscriptions: Gallagher Re’s Wakefield
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Psychological shift has driven over-subscriptions: Gallagher Re’s Wakefield

Tom Wakefield_Gallagher_2021.jpg

Gallagher Re CEO Tom Wakefield has said that over-subscriptions on cat reinsurance programmes have been driven by a psychological shift among reinsurers, with the potential for sign-downs to leave excess capacity in the market in 2024.

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