HVRRF - Reinsurance Prices To Be Flat To Moderately Rising In 2020: Moody's
Reinsurance pricing momentum through renewals in 2020 is expected to range between flat to moderately rising, according to findings from Moody's Investors Service.
Respondents to Moody's reinsurance buyers survey said that they anticipate a flat-to-firming market at the next renewals in 2020, given both insurers and reinsurers need to reassess their risk-adjusted returns after catastrophe loss years and now rising casualty claims as well.
"While reinsurance demand has grown over the past two years, most cedants foresee no meaningful change to their reinsurance buying in 2020, and are focused instead on tweaking existing arrangements," Moody's