Retro pinch pushes 1.1 reinsurance renewals to 37% rate on line gain

03-01-2023

The January 1 renewals brought the largest year on year increase in rates for global property catastrophe since 1992 at 37%, with “highly stressed” renewals in the US pushing well beyond that pace, global broker Howden said in a summary report for 2022.


Reinsurance, 1.1 Renewals, Property Catastrophe, Analysis, Howden, Europe, US

Intelligent Insurer