Howden Re reports 10% rate reduction at 6.1 renewals
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Howden Re reports 10% rate reduction at 6.1 renewals

A 20% increase in FHCF retention levels sent cedants to the private market.

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Howden Re reported a 10% reduction in blended risk-adjusted property-cat XoL rates at June 1 renewals.

The UK broker’s reinsurance arm said rates were flat to down 20%, depending on loss experience and attachment points.

Loss-free

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