Howden hails flat renewal as ‘stability rewards clients and reinsurers’

January 02, 2024

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The 1 January renewal has ended a prior period of turbulence with supply “more than sufficient” to meet client demand, in a positive outcome for both reinsurers and cedants, according to Howden.

In its annual market report, published this morning, the broker noted “nuanced conditions” across the (re)insurance market due to macroeconomic and geopolitical risks as well as a broad reset of loss expectations.

Regardless,

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Howden hails flat renewal as ‘stability rewards clients and reinsurers’

The 1 January renewal has ended a prior period of turbulence with supply “more than sufficient” to meet client demand, in a positive outcome for both reinsurers and cedants, according to Howden.

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