Reinsurers confident of ongoing renewal rate hike momentum: Risk Summit
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Reinsurers confident of ongoing renewal rate hike momentum: Risk Summit

Rachel Dalton
06 March 2023
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Reinsurers were optimistic that the momentum for rate increases will continue to be strong as mid-year renewals approach, as Convex executive chairman Stephen Catlin said he had “never seen a market quite like this” in the past 50 years.

“I’ve never seen the opportunity for [the market cycle] to have as much ‘legs’ as it potentially will have,” he said, speaking at the Bermuda Risk Summit.

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Rachel Dalton
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