‘Abundant capital’ moderates reinsurance renewal rates hike in January

06-01-2021

‘Abundant capital’ moderates reinsurance renewal rates hike in January

Shutterstock/jamesteohart

A “slower and more complicated” quoting process, rigorous contract reviews, later than average contract signing and “significant” pricing pressure for loss-impacted programs were the hallmarks of the January 1, 2021, reinsurance renewal, according to Guy Carpenter.


Guy Carpenter, Renewals, Insurance, Reinsurance, Dean Klisura, North America

Intelligent Insurer