Carriers Know What's Coming: Higher Reinsurance Prices in 2023

Primary insurers surveyed by a Moody's Investors Service expect to pay more for both property and casualty reinsurance in 2023, but those willing to pay up for higher amounts of cover will likely seek property-catastrophe protection. Moody's is maintaining a stable outlook in spite of the key threat to profitability— inflation— the same factor that buyers…