The data points come from a panel discussion at the 2025 Florida Chamber Annual Insurance Summit yesterday
Rates down 10-15% at 1/1. Cat bonds down more | | | Rates down 10-15% for "late" 1/1. Cat bonds down more. Floridians to benefit: Dittman and Seo  Speaking during a panel discussion at the 2025 Florida Chamber Annual Insurance Summit yesterday, Chris Dittman of Aon's Reinsurance Solutions and John Seo of Fermat Capital Management highlighted that meaningful softening in catastrophe reinsurance rates and the cost of risk capital is expected to flow to the benefit of Floridians in time. Dittman said that the 1/1 January 2026 reinsurance renewals are already looking a little late, based on what firm orders are out in the market. While he also highlighted that rate declines in the double digits are being seen for Nationwide US catastrophe reinsurance programs. Seo pointed out that in the catastrophe bond market rate declines of as much as double that are being seen, including for risks in Florida, given the cat bond market trades every day. The pair highlighted that this is a positive signal for Florida and its property insurance market, given higher confidence in that marketplace. 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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