Reinsurance rates expected to increase at renewals: Twelve Capital

Posted On: Dec. 4, 2018 4:49 AM CST

Swiss insurance-linked securities manager Twelve Capital A.G. said that reinsurance rates are likely to increase during the January 2019 renewals following recent catastrophe-related losses, Artemis.bm reports. Twelve Capital said that rates are expected to increase at Lloyd's of London for specialty lines such as property covers for non-standard risks.