30 May 2024Reinsurance

Property cat cleared 6.1 on 5% rate cut, capacity greases upper layers

Property cat reinsurance treaties are clearing the June 1 renewals with rate on line down by an average of 5%, with capacity flowing most notably to the top end of reinsurance programmes, thanks in part to strong cat bond issuance, global reinsurance broker Howden Re has claimed.  

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Reinsurance
20 March 2026   Dual appointments support integrated global TL platform growth.
Reinsurance
19 March 2026   Re/insurer to tighten portfolio control, stay flexible for the next big shift.
Reinsurance
19 March 2026   Reinsurers convert strong earnings into reserve strength, Fitch flags deteriorating outlook.