Kevin O'Donnell, RenRe

26 July 2024Reinsurance

US property cat reinsurance demand up ca 15% as buyers gain power

Demand for US property cat reinsurance limit has risen at a roughly 15% pace or about $20 billion and is being met step for step by disciplined new capital on the supply side leaving a rather “balanced” market with still “attractive” pricing, top officials at RenaissanceRe have declared.

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