Universal signals high-single-digit Florida rate rises The insurer was hit by $5mn of cat losses in Q1 2019, adding 2.4 points to the combined ratio.
Modest uptick in ILS appetite for Japan renewals: Willis Re In the US April renewals, loss-impacted business rose by 5 to 20 percent.
KBW predicts mid-single-digit rate increases in Florida The state is “still a cash cow for reinsurers” as over the past decade the Florida reinsurance combined ratio has been running at 79-80 percent, according to the analysts.
Adverse development to drive Florida renewals up 5-15%: Expert The rate outlook from consultancy firm Raymond James is below the 20 percent-plus correction that reinsurers are pushing for.
Florida under review: ‘social inflation’ fears drive repricing demands Some reinsurers are saying their views of Florida risk have changed post-Irma.
