How strong is the market at this time?
Bailey famous that in McGill’s reinsurance world, which is principally London, Bermuda and US purchasers, purchasers and markets had a very good yr in 2024, which adopted on from a powerful 2023. Some ‘loss-affected’ Florida firms may even see some knocks, he mentioned, however that goes with their territory. “In the primary, I feel that the market may be very strong in the intervening time and we’re not anticipating any actual adjustments, nevertheless it’s too early to inform given what occurred at 1.1.25”