AIR+11 Jun 2019

Current reinsurance pricing movement is firming - S&P

| 11 Jun 2019

Reinsurers saw increases in pricing over the April and June renewals, with property catastrophe rates going up in the 15% to 25% range on loss affected accounts. This followed a disappointing pricing trend in 2018 and early 2019, according to S&P's latest report. Despite the magnitude of the catastrophe losses in 2017-2018, global reinsurance pricing in aggregate was flat to up 5% in 2018 and flat to up 3% during the January 2019 renewals.

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