Property cat re rate increases set to drop below 10% in 2024: Fitch
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Property cat re rate increases set to drop below 10% in 2024: Fitch

Aisling Finn
27 November 2023
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Property catastrophe reinsurance rate increases are set to drop below 10% on average at 1 January renewals, according to analysis by Fitch Research.

Fitch said underwriting-margin improvements would be “less significant” in 2024 but price increases and improved terms and conditions in 2023 – and, to a lesser degree, in 2024 – would support underwriting margins.

The

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