Early 1.1 renewals highlight reinsurers’ laser focus on terms
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Early 1.1 renewals highlight reinsurers’ laser focus on terms

Farmers Insurance logo storm.jpg

Early January reinsurance renewals including for US mutual Farmers have highlighted how reinsurers are pushing hard to shift terms and conditions as the property cat market hardens, sources said.

On top of significant rate increases, the changes to the mutual’s traditional early-placed deals are set to include a shift away from multi-year contracts and premium payment terms that will require any increase in exposure to be paid for.

The...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article