KBW expects property cat reinsurance rates to decline 15-20% at 1/1

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Reinsurance News - Dec 22, 2025

Analysts at KBW expect risk-adjusted property catastrophe reinsurance rates to decline by 15–20% during the January 2026 reinsurance renewals, with the relatively “late” season pointing to overall decreases approaching 20%. KBW stated that unchanging per-occurrence attachment points reflect generall...

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