Reinsurers cave in on rate increases in fraught North America renewal

23-12-2021

Reinsurers cave in on rate increases in fraught North America renewal

shutterstock/Monster Ztudio

For all the talk of holding the line on much-needed rate increases in this year’s renewals, many reinsurers have caved in, especially on North American risks, as an abundance of capacity continues to compete for business.


Renewals, Cyber, Catastrophe, Claims, Insurance, Reinsurance, Bermuda, North America

Intelligent Insurer