Analysis

TechTalk: Reinsurance rate hikes hit insurtechs – but opportunities await

By 2023-12-12T11:00:00

opportunity money man

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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