Capacity tightens in April cat renewals, but rate rises remain manageable
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Capacity tightens in April cat renewals, but rate rises remain manageable

Storm at the beach

Some property cat reinsurance renewals in the US came down to the wire and revealed an increased tightening of supply in certain niches, but most loss-free cedants held rate rises to levels in line with January 1. 

With a huge spectrum of rate change depending on the profile of the cedant and their loss experience, there was no clear overall signal on the average pace of increases.

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