New entrants maintain reinsurance price discipline
Posted On: Dec. 22, 2020 9:23 AM CST
A survey by U.S.-based firm Keefe, Bruyette & Woods Inc. has found that the new private equity-backed start-ups have so far maintained the reinsurance industry’s price discipline ahead of the Jan. 1 renewals, Artemis reported. Meanwhile, factors such as record activity levels in the catastrophe bond market, could cause rate deceleration, according to the analysts at KBW.