KBW Europe’s recent discussion on the January 1 reinsurance renewals, led by William Hawkins and Darius Satkauskas, reveals promising insights into the industry’s outlook for 2024.
Hosted with industry experts David Flandro of Howden Re and James Vickers of Gallagher Re International, the dialogue centered on the findings from their respective companies’ reports.
Howden Re estimated a global property catastrophe reinsurance rate increase of approximately 3% year-over-year, slightly below Gallagher Re’s estimate, which is attributed to mix variations.
