Midwest mutuals: Stress indicates a possible fracture point in 1.1 renewals
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Midwest mutuals: Stress indicates a possible fracture point in 1.1 renewals

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Gulf insurers have borne the brunt of reinsurance rate corrections in the past couple of years, but a different, albeit similar market segment is emerging as a focus for concern ahead of this year’s 1 January renewal.  

Midwest mutual insurers are under stress following a couple of years of high convective storm losses, on top of the nationwide challenges plaguing the homeowners’ and auto segments in particular — most notably inflation and claims severity trends.

While

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