NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA releases research examining the credit implications of the meaningful shift in property-catastrophe reinsurance pricing and terms in favor of property and casualty (P&C) insurers. Abundant traditional and alternative capital, strong reinsurer balance sheets, and increased competition have contributed to declining pricing and improved terms through the 2026 renewal season, after several years of rising reinsurance costs, constrained capacity, and higher attach