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MAP202500002851st View. Differentiation Rewarded. — New York : Gallagher Re, 202539 p.Documento relacionado: 1st View: Finding the Path. - New York : Gallagher Re, 2025Sumario: We issue this publication at the key renewal seasons 1 January, 1 April, 1 July to deliver the very first view on current market conditions in the reinsurance industry.January 1 renewal activity saw differentiated outcomes for clients. Reinsurers have been able to refine solutions as a result of more effective use of detailed cedant data, a clearer understanding of strategy, evolving views of risk and application of external data sources. Renewal outcomes are not one size fits all but specific to class of business, geography, performance, strategy and scale. With an increasingly complex landscape, reviewing not only what happened this renewal, but also the how and the why, will help inform the direction of travel1. Reaseguro. 2. Mercado de reaseguros. 3. Seguros paramétricos. 4. Catástrofes naturales. 5. Casualty. 6. Property. 7. Seguros. 8. Perspectivas del seguro. I. Gallagher Re. II. Title.