RenRe says rate increases are ahead of loss-cost trend on inflation
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RenRe says rate increases are ahead of loss-cost trend on inflation

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RenaissanceRe said that materially increased rates are more than compensating for the loss cost impacts of inflation, as it called out several positive implications for the sector from inflation and recessionary threats.

The carrier said it has implemented a “robust framework” across its underwriting portfolio to estimate and price for the impact of inflation.

“We

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