Pockets of rate re-acceleration emerge in potential US excess casualty micro-cycle
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Pockets of rate re-acceleration emerge in potential US excess casualty micro-cycle

Adam McNestrie, 
Kyoung-son Song
December 15, 2023
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Emerging signs of a re-acceleration of rates in pockets of the excess casualty market suggest that this part of the market could be entering a micro-cycle that would further prolong the already hyper-extended hardening phase of the US P&C market.

The evidence does not all point the same way, with some sources suggesting their books show strong evidence of increased pricing momentum, and others achieving outcomes in line with prior months.

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Topics

NewsCasualty/GLTreaty ReinsuranceRates
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Adam McNestrie
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Kyoung-son Song
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