Rates

Milton could drive property catastrophe reinsurance rates up at 1/1 2025: KBW – Go Health Pro

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Milton could drive property catastrophe reinsurance rates up at 1/1 2025: KBW – Go Health Pro

While industry losses from hurricane Milton may not be as high as had initially been feared, the storm’s impacts in Florida are still expected to be a loss in the tens of billions of dollars, and alongside loss experience in the sector to-date this can still drive property catastrophe reinsurance rates higher at the January … Read more

Anticipate extra competitors within the tail, property cat charges to melt: Aon execs – Go Well being Professional

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Anticipate extra competitors within the tail, property cat charges to melt: Aon execs – Go Well being Professional

Talking throughout a briefing prematurely of the 2024 Monte Carlo Rendez-Vous occasion immediately, executives from Aon’s Reinsurance Options highlighted their expectation that the upper layers of property disaster packages will probably be aggressive on the renewals, with softening of charges anticipated.Aon’s senior reinsurance executives reiterated the messaging we reported earlier, that they’re searching for reinsurers … Read more

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