ILW rates fall 10%-20% at Jan renewals, growth to normalise in 2026: Howden Re
As per reinsurance broker Howden Re, industry loss warranties (ILWs) are expected to return to more normalised growth in 2026, as the January 1st reinsurance renewals showed rates falling by 10% to 20%. In its January 2026 reinsurance renewals report, the broker estimated that the ILW segment shrank in 2025 to around US$6 billion. “After […]