The annual 1/1 reinsurance renewal season might not have been on the list of major concerns of the average UK broker at the start of 2023. But as Rachel Gordon
Fresh on the heels of massive reinsurance price increases in June, which helped send some property insurers into insolvency or out of the Florida market,
LONDON (Reuters) - Reinsurers could raise premium rates in the "mid-single digit" percent range at the key Jan. 1 renewal season, given pressures from.
The reinsurance sector has failed to meet its cost of capital for nearly five years, and the ratings agency remains unconvinced that it will be able to do so again this year, says S&P Global Ratings’ Ali Karakuyu.