New modelling is creating a 'pricing floor': Willis Re's Newman Human behaviour now has a smaller role in determining pricing, according to the broker's president and global head of casualty.
July renewal may see marginal gain: Bernstein July’s renewals may outperform 1/6 which focused on Florida-attracted alternative capital.
Retro in flux as Florida renewal fizzles out Demand for retrocession is expected to be up slightly at the mid-year renewals, but with relatively little business concluded so far there is no clear outlook on how rates will hold up.
Florida rates edge up just 1.2%: JLT Property cat rates in the state remain 40 percent below 2012 levels.
FedNat pares back reinsurance spend Federated National has cut its reinsurance spend by 17 percent as it pared back its programme to match a shrinking Florida portfolio.
