‘Significant’ 1.1 rate reductions amid slower demand: Gallagher Re
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Renewals

‘Significant’ 1.1 rate reductions amid slower demand: Gallagher Re

Non-loss impacted major property program rates were down by up to 20% at the renewal period.

By Jai Singh
January 02, 2026
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Strong returns and modest demand growth supported “significant” rate reductions across the market at the 1 January renewals, according to Gallagher Re.

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Renewals News Property treaty Casualty treaty Specialty treaty Brokers Reinsurers AJ Gallagher North America
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