Reinsurers drive 1.1 rates down as they grab for well-rated US cat
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Reinsurers drive 1.1 rates down as they grab for well-rated US cat

Overall, reinsurers accepted that rate cuts were still leaving them with strong margins.

By Rachel Dalton Fiona Robertson Rebecca Perkins Kyoung-son Song
December 16, 2024
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Hurricanes Milton and Helene have not been meaningful enough to curb reinsurer appetite to grow in US cat, with sources indicating that competition is driving rate decreases of up to 15% for January 1 renewals.

According

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Topics

ReinsuranceAnalysisProperty treatyReinsurersRenewalsNorth America
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