Property cat re rate increases set to drop below 10% in 2024: Fitch
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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

Aisling Finn
27 November 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Brokers Rates.png

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

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Stocks Catastrophe losses Property
aisling finn/aisling finn ii ils.png
Aisling Finn
Contact
Gift this article