Pictured from left: Tim Ronda, David Flandro and David Howden

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3 January 2025Reinsurance

Notable softening at 1/1 sets stage for policy shifts, emerging cycles in 2025: Howden

Reinsurance renewals on January 1, 2025, saw widespread softening, with appetite from traditional reinsurers and capital markets ensuring ample supply, according to global broker Howden. Analysts predict 2025 will be shaped by policy shifts and emerging cycles, with hard market structural changes likely to persist.

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Notable softening at 1/1 sets stage for policy shifts, emerging cycles in 2025: Howden

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