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22 January 2026Reinsurance

US P&C downturn to stretch into mid-year 2026 renewals

The US property & casualty market is set to keep softening in 2026, as fierce competition, ample capital and falling rates reinforce Fitch Ratings’s view of a “deteriorating” global reinsurance outlook, with pressure expected to persist into the mid-year 2026 renewals.

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