Even if the thus-far quiet wind season were to suddenly produce a major storm, strong results to date have made it unlikely to have a major effect on January 1 reinsurance treaty negotiations, according to Gallagher Re North America...
Reinsurance rates likely to dip but T&Cs mostly not in play ahead of 1.1: Gallagher Re
As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.