Property catastrophe reinsurance rates to fall at mid-year renewals: Poll
Posted On: May. 20, 2013 12:00 AM CSTA new poll by Morgan Stanley & Co. L.L.C. indicates that pricing for property catastrophe reinsurance is expected to drop by around 10% to 20% during the mid-year reinsurance renewals, reports Artemis.bm.
The study also indicates that the participation of alternative reinsurance capital during the mid-year renewals could grow to 30%.
A research team from Morgan Stanley visited Bermuda to survey reinsurers and alternative capital managers to compile the study.