Risk-adjusted rate declines were widely seen at the June reinsurance renewal, but with differentiation by layer
Property cat flat to down 20% at June 1: Howden Re | | | Property cat reinsurance rates-on-line flat to down 20% at June renewals: Howden Re  According to Howden Re, the reinsurance broking arm of Howden, risk-adjusted property catastrophe reinsurance rates-on-line fell in a range from flat to down 20% at the June 1st renewals. The firm noted that risk-adjusted rate-on-line changes varied depending on loss experience and attachment point. However, the general trend was clear: a softening compared to the historic highs seen in recent years. "Risk-adjusted rate-on-line changes ranged from flat to down 20%, depending on loss experience and attachment point," Howden Re said in its commentary. Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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