AIG and RenRe poised to take advantage of “dramatic” 1.1 retro rate surge: KBW

RenaissanceRe and AIG will able to take advantage of “dramatic” 1.1 retro rate changes, with Arch, Axis and Third Point Re also expected to produce better than expected P&C returns as they push for higher property catastrophe reinsurance and specialty insurance rates in 2020, according to a North American equity research note by Keefe, Bruyette & Woods (KBW).