Reinsurance Index

p.12: “U.S. Treaty ... Capacity: Ample ... Cat XL Pricing: Down 15% to 25% (risk-adjusted)”

p.3: “Property catastrophe reinsurance renewals at June 1 and July 1 were productive for insurers, with double-digit pricing reductions and improving terms for most placements.”

p.13: “Supply of both traditional reinsurance and third-party capital remained ample at the mid-year renewals and was more than adequate to meet higher demand for reinsurance protection.”

p.13: “As a result, overall pricing decreases on property cat placements accelerated at mid-year, falling in the range -20% to -25% or more.”

p.5: “On property cat, risk-adjusted reductions reached 20%-25%, and beyond, for the strongest accounts.”

p.10: “Capacity has remained plentiful, and appetite from traditional reinsurers and alternative capital providers has been strong.”

p.3: “Risk-adjusted decreases have deepened since January 1, 2026, with the global property catastrophe rate on line index down -16%.”

p.7: “Benign losses, coupled with abundant reinsurer capacity and growing risk appetite, continue to drive a competitive pricing environment.”

p.8: “Market capacity easily met buyer demand for limit. ... Excess capacity remains a significant factor for renewals, with estimates at July 1, 2026 to be 28%.”

p.9: “Pricing remains in line with January 1 renewal, with non-loss-impacted placements experiencing risk-adjusted rate changes between -10% and -20%.”

p.1: “According to the report, risk-adjusted property catastrophe pricing generally declined in the -15% to -20% range across many layers, as reinsurers expanded appetite across attachment points.”

p.1: “more capacity was available, terms improved, and pricing moved in line with the better loss outlook”

p.1: “Risk-adjusted property-catastrophe rate-on-line decreases of up to 25% on a weighted-average basis, with the steepest reductions on loss-free programmes, representing a materially faster pace than the -14.7% decline recorded by Howden Re at 1 January 2026 and the -16% decline recorded at 1 April 2026;”

p.1: “Abundant traditional capacity and a catastrophe bond market on course for one of its largest first halves on record absorbed a meaningful increase in mid-year demand.”

p.12: “U.S. Treaty ... Capacity: Ample ... Cat XL Pricing: Down 15% to 25% (risk-adjusted)”

p.3: “Property catastrophe reinsurance renewals at June 1 and July 1 were productive for insurers, with double-digit pricing reductions and improving terms for most placements.”

p.13: “Supply of both traditional reinsurance and third-party capital remained ample at the mid-year renewals and was more than adequate to meet higher demand for reinsurance protection.”

p.13: “As a result, overall pricing decreases on property cat placements accelerated at mid-year, falling in the range -20% to -25% or more.”

p.5: “On property cat, risk-adjusted reductions reached 20%-25%, and beyond, for the strongest accounts.”

p.10: “Capacity has remained plentiful, and appetite from traditional reinsurers and alternative capital providers has been strong.”

p.3: “Risk-adjusted decreases have deepened since January 1, 2026, with the global property catastrophe rate on line index down -16%.”

p.7: “Benign losses, coupled with abundant reinsurer capacity and growing risk appetite, continue to drive a competitive pricing environment.”

p.8: “Market capacity easily met buyer demand for limit. ... Excess capacity remains a significant factor for renewals, with estimates at July 1, 2026 to be 28%.”

p.9: “Pricing remains in line with January 1 renewal, with non-loss-impacted placements experiencing risk-adjusted rate changes between -10% and -20%.”

p.1: “According to the report, risk-adjusted property catastrophe pricing generally declined in the -15% to -20% range across many layers, as reinsurers expanded appetite across attachment points.”

p.1: “more capacity was available, terms improved, and pricing moved in line with the better loss outlook”

p.1: “Risk-adjusted property-catastrophe rate-on-line decreases of up to 25% on a weighted-average basis, with the steepest reductions on loss-free programmes, representing a materially faster pace than the -14.7% decline recorded by Howden Re at 1 January 2026 and the -16% decline recorded at 1 April 2026;”

p.1: “Abundant traditional capacity and a catastrophe bond market on course for one of its largest first halves on record absorbed a meaningful increase in mid-year demand.”