1.1 renewal: signs of softer property cat market and easing of hardline casualty stance
By David Bull
Published: Wed 18 Dec 2024
Amid peak activity for firm order terms and signings of 1.1 reinsurance renewals, strong reinsurer demand for property cat appears to be driving softening at the upper end of expectations, while recent tough talk on US casualty is not translating to meaningful reductions in ceding commissions.