Property cat rate declines to slow at Jan 1, supply of capital now much more disciplined: RenRe CUO
Global reinsurer RenaissanceRe (RenRe) expects property catastrophe rate declines to decelerate at the January 1 renewals, and also anticipates the market will remain disciplined with respect to terms and conditions and structures, noting that the supply of capital willing to accept risk is much more disciplined than it was a decade ago. This was the…