Howden Tiger CEO Rob Bredahl on a key talking point for this year’s Monte Carlo Rendez-Vous
For the past several years reinsurers generally have not covered their cost of capital. As a result, we've seen this major, very dramatic spike, at least in property cat rates. And so, has it been enough? Or perhaps some people will ask, is it excessive? Will there be outsized returns going forward? There's no way of escaping that discussion.