Reinsurance rates may not react to catastrophe losses at January renewal: Experts

Industry experts have said that reinsurance rates may not react to recent catastrophe losses in the way the industry is hoping for at the upcoming Jan. 1, 2018 renewals, Artemis.bm reports. Various factors, including the influence of alternative capital, could limit any price increases, experts said. "I am thinking more in the 5%-15% range on property/casualty pricing," said Jay Gelb, managing director of equity research at U.S.-based financial services firm Barclays Capital Inc.

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