Further rate hikes loom for Europe’s buyers as reinsurers walk away from nat cat risk: Moody’s

Sarah JollyJune 13, 2024
People walk on the catwalk in a flooded St. Mark's Square during a period of seasonal high water in Venice, Italy 10 November 2019
Flooded St. Mark's Square in Venice, Italy. Credit: Shutterstock/Vepix

Europe’s insurance buyers face further premium increases for property risks after reinsurers’ retreat from nat cat risks last year looks more permanent, according to Moody’s. The rating agency said reinsurers are “unlikely to...

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Sarah JollyJune 13, 2024
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