Since the turn of the market in 2023, reinsurers have benefited from the favourable economics, enabling them to outperform industry catastrophe trends, according to JP Morgan’s recent ‘Love Actuary’ report. In 2023, reinsurance pricing experienced a substantial surge of nearly 30% based on figures from Guy Carpenter. Beyond these significant rate hikes, structural adjustments within reinsurance programmes shifted in favour of reinsurers, marked …