Reinsurance pricing momentum to be carried forward in 2020: S&P

Jan 16, 2020 - Reinsurance News

Analysts at S&P Global Ratings believe that the positive reinsurance pricing momentum seen at the recent January renewals is likely to be carried forward into the other upcoming renewals in 2020.

According to S&P data, global average rate increases were in the low-to-mid single digits in aggregate at the 1/1 reinsurance renewals.

In general, there was no reinsurance capacity constraint but it was neither cheap nor easily available in certain cases.

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