Rate increases of up to 100% on loss-hit US cat XoL in “gruelling” renewal: Gallagher Re

Loss-impacted property cat accounts in the US saw some of the largest rate increases at 1 January with pricing up between 45 and 100 percent on a risk-adjusted basis in what was a “a very late, complex and in many cases frustrating renewal”, Gallagher Re has said.

 

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