Cat rates dip 10%-15% in mid-year renewals as casualty steady: Gallagher Re
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Cat rates dip 10%-15% in mid-year renewals as casualty steady: Gallagher Re

Cedants were able to “challenge the status quo” with aggregates back on the table, the broker said.

By Fiona Robertson Liz Bury
July 01, 2025
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Brokers, specialty lines, commercial lines

Gallagher Re has estimated that catastrophe rates dropped by 10%-15% on loss-free business in the mid-year renewals, as casualty pricing remained flat on concerns around loss trends.

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