HX: Risk-adjusted property cat reinsurance pricing up 5-10% at 1 June

Property cat renewals HX

Risk-adjusted property cat reinsurance rates rose by 5 to 10 percent on average at 1 June as pricing went above levels last seen at the corresponding renewal in 2013 in the wake of Superstorm Sandy, according to HX, the digital, analytics and advisory arm of Howden Group Holdings.

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