Double-Digit U.S. Casualty Reinsurance Price Hikes Forecast

While the property-catastrophe reinsurance market is in the midst of a moderate softening phase, which will continue in 2025, double-digit price hikes for U.S. casualty reinsurance business are likely during 1/ 1/ 2025 renewals, Fitch Ratings says. "Adverse loss development trends in U.S. casualty business due to higher social inflation is a key risk to our'…