Opinion: Double-dip 1.6

Property catastrophe reinsurance rates plummeted in 2013 and
2014, before easing up through 2015, 2016 and on into the early
months of this year.
The story of every major reinsurance renewal over the last two
or three years has been one of easing rating pressure.
There was first talk about bottoming, or a floor to pricing,
being found as early as 2015.
That has proved to be wishful thinking on the part of
reinsurers, with underwriters giving additional ground in...