Property cat rates up 33% at 1.6: Howden Tiger
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Property cat rates up 33% at 1.6: Howden Tiger

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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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