Property cat rates up 33% at 1.6: Howden Tiger

01 June 2023

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Risk-adjusted pricing for property catastrophe cover increased by 33% on average at the June renewals, within a typical range of 25% to 40%, according to Howden Tiger.

The range of price-increases include “important variations by layer”, the intermediary said, with rate hikes underpinned by “enduring low levels of capital to risk”.

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Property cat rates up 33% at 1.6: Howden Tiger

Risk-adjusted pricing for property catastrophe cover increased by 33% on average at the June renewals, within a typical range of 25% to 40%, according to Howden Tiger.

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Property cat rates up 33% at 1.6: Howden Tiger

Risk-adjusted pricing for property catastrophe cover increased by 33% on average at the June renewals, within a typical range of 25% to 40%, according to Howden Tiger.

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Fuel a smarter strategy with our actionable market intelligence

Topics

PFZW’s ILS investments return 11.7% year-to-date

Cat bond volume of $495mn has come to the market

Milton: A proof of concept moment for ILS

Communicating ILS nuances will build trust among end-investors: ILS Connect panel

CoreLogic pegs Milton insured loss at $17bn-$28bn