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Fitch Ratings: 1/1 renewals will have T&Cs focus and be ‘less price led’

By 2026-09-11T08:00:00

renewal

At the RVS conference, the credit rating agency confirmed its ‘deteriorating’ sector outlook for 2027 – however, it flagged that this negativity was ‘nuanced’ and maintained confidence ‘that most reinsurers will be able to navigate this challenging phase of the cycle’

The 1/1 reinsurance renewal season will be “increasingly focused on terms and conditions”, with negotiations around “lower attachment points” and “higher limits” rather than being purely price led, according to Manuel Arrivé, a director at credit rating and research agency Fitch Ratings.

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