The broker has highlighted how expanding terms and lower rates are bringing parts of reinsurance closer to "economic value neutrality"
Accelerated softening, broader terms at June 1
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Accelerated softening, broader coverage terms help reinsurance buyers at June renewal: Howden Re
 Howden Re estimates that risk-adjusted property catastrophe reinsurance rates-on-line decreased by as much as 25% on a weighted-average basis at the June 1st renewals, while the broker also highlights greatly improved appetites for lower layers of Florida towers and broader coverage terms being secured for protection buyers.
Reinsurance buyers are benefiting through the availability of broader coverage terms, the broker said and detailed structural improvements secured for buyers. But Howden Re also cautions that, "economic returns are visibly compressing, and are now nearing the point of economic value neutrality."
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