Reinsurance attachments moving to 1-in-5-to-10-year level: JMP
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Reinsurance attachments moving to 1-in-5-to-10-year level: JMP

US Currency: Wads of US bills fastened with rubber bands, close-up

Reinsurance attachments are moving back towards levels that protect insurers’ capital rather than earnings, JMP analysts Matt Carletti and Karol Chmiel wrote in a note.

They said European catastrophe treaty attachments appeared to be coalescing around the 1-in-5-year level, up from something closer to 1-in-2 or 1-in-3 in recent years.

For

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