Reinsurance Rates to Continue to Increase into 2021

E&S market growth

Meaningful reinsurance rate increases should be expected into 2021 at the January renewals as overall pricing is inadequate, according to Fitch Ratings. Analysts note how there’s also still uncertainty surrounding the pandemic and that there still remains a capacity-constrained dislocated retrocession market. Reinsurers are expected to take advantage of the most favourable market environment since… Continue reading Reinsurance Rates to Continue to Increase into 2021