US property catastrophe rates rise by as much as 50% at Jan 1 renewals: Gallagher Re
Reinsurance News - Jan 02, 2024
At the January 1st, 2024, reinsurance renewals, U.S. property catastrophe rates increased by as much as 50% for loss-hit business, primarily driven by record severe convective storm (SCS) activity, reports Gallagher Re. The reinsurance broker has released its 1st View Report, which discusses an over...
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