Cat Loss Retro Rates Drop 20% for Loss-Free Accounts: Gallagher Re
Non-marine retrocession buyers experienced a favorable renewal cycle at the July 1st mid-year point, with catastrophe loss-free rates declining by 10% to 20%, according to Gallagher Re’s 1st View report. Market Dynamics and Rate Reductions The July renewals continued the buyer-friendly conditions observed earlier in 2026. Data from Gallagher Re shows that while catastrophe loss-free … Read more