ILS capacity drove above-average top layer rate cuts at 1.6: Howden Re
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ILS capacity drove above-average top layer rate cuts at 1.6: Howden Re

Property cat XoL rates were off by around 10% on average on a blended risk-adjusted basis.

By Jai Singh
May 29, 2025
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Property cat rates fell by an average of 10% at the 1 June renewals but surplus ILS capacity supported higher rate reductions at the top layer of reinsurance programmes, Howden Re said in its renewals report.

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