Sompos Lavin: Increased Rates, Retentions Expected for January Renewals

Published: Nov. 27, 2023, 7 a.m.

John Lavin, executive vice president, E&S property, U.S. insurance, Sompo International, said he expects continued rate increases from reinsurance programs and increased retentions ahead. Lavin spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.