Property reinsurance is renewed at “lower end of expected increases ” – GC – Artemis.bm

Property reinsurance is renewed at “lower end of expected increases ” – GC – Artemis.bm

During the January 2021 reinsurance renewals, property rate increases were low on expectations, while property retrocession rates also did not firm up as much as expected, broker Guy Carpenter confirmed.Despite the push for a general tightening of the reinsurance market on renewals, as we explained in our coverage as renewals approach, an element of disappointment […]
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