Reinsurance Prices Drop – Despite 2018’s Big Natural Catastrophe Losses: JLT Re

JLT Re’s global property-catastrophe reinsurance index fell 1.2 percent in Jan. 1 policy renewals, the broker said on Wednesday, dashing the industry’s hopes of higher reinsurance premiums after a second straight year of big losses. Reinsurance prices, chiefly set in …

from News – Insurance Journal