Excess Capacity Continues to Drive Rate Cuts at June Renewals: JLT Re Report

Reinsurance rates fell for the sixth consecutive year at the June 1, 2017 renewals, according to a market commentary published by JLT Re. JLT Re cited the fact that its Risk-Adjusted Florida Property-Catastrophe (ROL) Index fell by 5.1 percent this …

from News – Insurance Journal