The softening speeds at 6/1; capacity takes down much more than rate

The property cat softening accelerated at the 1/6 mid-year renewals, with heavy capacity opening doors to new structures, eased terms and lower layers, pushing the market to a viability threshold that could break by 2027, global reinsurance brokerage Howden Re has claimed.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Chubb takes ‘growth penalty’ Q2 to save margin from soft property

Guy Carpenter sees 2% revenue drop in second quarter

Marsh sees Q2 commercial softening deepen to 6%, property down 12%

Lloyd’s loses appeal over $3.6m Ukraine marine claim

WR Berkley trades rate for growth Q2 as primary business accelerates

Beazley fulfils vow to go all in on Lloyd’s Syndicate 623

North American broker M&A falls to slowest first half in a decade

Dual UK expands construction capacity, targets mid-market projects

The softening speeds at 6/1; capacity takes down much more than rate

More on this story

Editor's picks

Editor's picks

More articles