Property rates slide; reinsurers exceed expectations at mid-year renewals: Guy Carpenter

Global property catastrophe reinsurance risk-adjusted rates moderated or declined during the mid-year renewals, with some higher layers seeing reductions of 10% or more for loss-free accounts even as demand increased at the mid-year renewals 2024, according to broker Guy Carpenter.

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Property rates slide; reinsurers exceed expectations at mid-year renewals: Guy Carpenter

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