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July 1, 2026 reinsurance renewals: Property

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Benign losses, coupled with abundant reinsurer capacity and growing risk, continue to drive a competitive pricing environment. In some cases, risk-adjusted decreases have deepened since January 1, 2026 renewals, and property catastrophe rate on line (ROL) remains down globally, around 16%.

 

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"In the traditional property market, abundant reinsurer capacity continues to drive a progressively competitive pricing environment."

Dean Klisura, President & CEO

 

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