Risk-adjusted loss-free property cat rates down 5-15% as reinsurer appetite increases faster than demand: Guy Carpenter
By Scott Vincent
Published: Mon 30 Dec 2024
Rising reinsurer appetite has outpaced demand at the 1 January renewals to help drive risk-adjusted rate reductions of between 5 and 15 percent for loss-free property catastrophe business, according to reinsurance broker Guy Carpenter.