Property catastrophe reinsurance premiums are on the decline article
It follows rate increases in 2022 and 2023 After rate hikes in 2022 and 2023, Howden Re has indicated a reduction in pricing within the property-catastrophe reinsurance market. It said that the normal range of risk-adjusted property-catastrophe reinsurance rates on-line was -5.5% less than usual. Its research states that the reinsurance market has been going…