HVRRF - Reinsurance Pricing To Catch Up Demand Expected To Rise: Analysts
Reinsurance market price rises are expected to catch up to the levels seen across primary and retrocession markets in recent months, flattening out the u-shaped marketplace and providing greater opportunities for underwriters and ILS investors to enhance their returns.
Analysts have already called for the u-shaped market to have flattened out in Florida, after the 6/1 renewals saw reinsurance rates rising strongly, to catch up with the accelerated rises seen in primary and retro risks.
Now, after July saw strong reinsurance rate increases as well, analysts are expecting to see further increases at the January