Property cat rates down 10-20% at 1.1 with buyers focused on “down pricing”, says Gallagher Re

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Reinsurance News - Jan 02, 2026

Risk-adjusted property catastrophe pricing reduced by 10% to 20% on average at the January 1st, 2026, reinsurance renewals, with many buyers focused on “down pricing” rather than “up risking”, according to reinsurance broker Gallagher Re’s latest 1st View report. The re...

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