Property catastrophe rates to see double-digit increases in 2022: Fitch

Property catastrophe reinsurance rates are expected to increase by double-digits in 2022, as reinsurers absorb and then react to the costs of more natural catastrophe loss events that are deemed linked to climate change, according to rating agency Fitch. “We expect double-digit percentage premium rate rises for property catastrophe cover in 2022 due to the … Continue reading Property catastrophe rates to see double-digit increases in 2022: Fitch