In the January 1, 2025 reinsurance renewals, Gallagher Re reported varied rate changes for Central and Eastern Europe, with loss-free property treaties adjusting between a decrease of 2.5% and an increase of 5%, while those affected by catastrophic events faced hikes of 10% to 20%. Flood risk emerged as a critical pricing concern, especially following significant damage from Storm Boris in September 2024, yet market stability was maintained amid competitive pressures. Source and details of the news