Rates for property cat reinsurance have fallen by around 5% at the 1 June renewal, within a range of -7.5%
Property cat rates fall 5% at 1.6: Howden Re
Additional capacity for upper-layer coverage is driving rate reductions, the broker says.
Rates for property cat reinsurance have fallen by around 5% at the 1 June renewal, within a range of -7.5%