June 1 Rate Increases Likely to Fall Below Expectation: JMP

P&C underwriting performance improves except Person Lines

After a week of meetings in anticipation for the June 1 reinsurance renewals, JMP Securities analysts say they are anticipating an orderly renewal that will see less significant rate increases than reinsurers had hoped for, due to reduced demand and excess supply. Analysts describe the potential rate movements as modest, with differentiation between the strongest… Continue reading June 1 Rate Increases Likely to Fall Below Expectation: JMP