While perhaps the most fraught negotiations were over property cat during the 1/1 renewals in Europe, casualty and specialty lines also had their areas of contention. As with property, the outcomes for insurers varied widely, said an Intelligent Insurer panel.
Plentiful capacity didn’t save cedants from rising rates, and reinsurers showed discipline at the 1/1 renewals. But cedants saw wildly different outcome, an Intelligent Insurer panel heard.