Liability Risk and Insurance
US dimension
Double-digit rate increases for US casualty reinsurance predicted
Reinsurers are likely to push for double-digit increases in US casualty premium rates when policies come up for renewal in
January 2025 to keep up with higher loss costs, according to Fitch Ratings. It said adverse loss development trends in US
casualty business due to higher social inflation is a key risk to its “neutral” global reinsurance sector outlook.