Property cat rates strongly adequate, large loss needed to substantially adjust pricing: RenRe CEO

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Reinsurance News - Mar 19, 2026

Property catastrophe rates remain strongly adequate, so a relatively large loss would be needed to drive a meaningful adjustment, said RenaissanceRe’s CEO Kevin J. O’Donnell, though he noted that it is not the catastrophe itself that shifts rates, but the cumulative effect of rising loss trend...

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