US EditionReinsurance prices came in lower than expected at 1.1 renewals, says Moody's Ratings
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Reinsurance prices came in lower than expected at 1.1 renewals, says Moody's Ratings
California wildfire losses at the start of last year failed to drive sufficient support for reinsurance pricing at the recent January 1st, 2026, renewals, while a benign Atlantic hurricane season in 2025 also contributed to property catastrophe prices coming in “a bit lower” than expected, according to Moody’s Ratings. Globally, insured losses from natural disasters once again exceeded $100 billion in 2025, but while reinsurers took a sizeable s…
The prices for reinsurance fell noticeably during the renewal round in January 2026. According to the rating agency Moody, the downward trend that has been continuing for two years is exacerbated by high capital availability and increasing competition in the market. The declines in property reinsurance as well as in large parts of the special divisions were particularly marked.The contribution January renewal: prices fall, competition and capita…
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