Property cat retro rates are plunging by 30 percent on average at the 1 January renewal as alternative capital drives multiples of expected loss (EL) in the business down to those already being experienced in the soft reinsurance market,...
Property cat retro rates are plunging by 30 percent on average at the 1 January renewal as alternative capital drives multiples of expected loss (EL) in the business down to those already being experienced in the soft reinsurance market,...