Expectation for substantial price increases following the recent catastrophes may be overly optimistic, in part due to an influx of alternative capital into the industry, according to analysts on an S&P panel at the Bermuda Reinsurance Conference.
Reinsurance pricing seems to rely on a certain amount of collective signalling in as much as it does number-crunching - as underwriters gauge how far they can push rates without losing business, by looking for fear in the eyes of their opposition
