Reinsurers will see upward pressure on catastrophe pricing amid concerns of retro capacity lock-up and another round of losses from Californian wildfires, according to Axa XL CEO Greg Hendrick.
Hendrick expects upward pressure on cat pricing at 1.1

Reinsurers will see upward pressure on catastrophe pricing amid concerns of retro capacity lock-up and another round of losses from Californian wildfires, according to Axa XL CEO Greg Hendrick.