Analysts at J.P. Morgan are of the view that it doesn’t matter whether the Atlantic hurricane season proves impactful, or not, the resolve of the reinsurance community when it comes to pricing and terms is strong, with softening only expected to be slight even if the season results in below-normal losses.
The analysts say that, when it comes to the direction of reinsurance pricing for 2024, they “do not see even a light season changing resolve.”
