“More of the same” and “not very exciting” are phrases that industry experts are using to describe the outlook for Jan. 1 reinsurance renewals.
Losses to date are still absorbable and the capital position of the reinsurance industry is even stronger than last year, they said.
Bryan Joseph, global actuarial insurance leader of PwC in London, reported that the renewal season continues to progress “as expected in terms of the rates themselves not going up, as far as we can detect from the market,” although there are some small pockets of rate increases.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
