Japanese wind predicted up 25-35% at 1.4: Bermuda Risk Summit CEO panel

A CEO panel at the Bermuda Risk Summit predicted today the Florida mid-year renewals will include significant changes to structure, T&Cs and rate whereas the 1.4 renewals will be more focused on price, with Hamilton Re’s Megan Thomas suggesting “early indications” are for increases of 25-35 percent for Japanese wind.