Property cat rates up by 5%-10% at 1.6: Howden’s HX
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Property cat rates up by 5%-10% at 1.6: Howden’s HX

Risk-adjusted property catastrophe rates increased by 5%-10% at the 1 June renewal as rate momentum slowed, according to Howden’s data and analytics division HX.

It also said that during Q1, industry profitability returned to pre-pandemic levels but added that inflation and interest rate headwinds could affect the future cost of claims.

HX

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