Everest expects 5-10% cat reinsurance price increases at 1.1 for US and Europe

Published: Thu 31 Oct 2024

Everest Group management expects catastrophe reinsurance rates to firm in both the US and Europe and for demand to increase following recent losses, while the (re)insurer remains cautious in certain casualty lines, including shedding over $400mn of casualty reinsurance renewal premiums so far this year.