Over the last several years reinsurers and primary insurers have experienced an increased frequency and severity of catastrophic events that have have led to excess losses. Reinsurers have responded by increasing rates and reducing exposure to natural catastrophes. This response by the reinsurance industry has resulted in increased consumer rates and a lack of capacity for property insurance. This workshop will explain the dynamics of the global reinsurance market and the impact it has on property insurance in the US, as well as strategies that primary carriers and regulators can implement to mitigate the issues caused in the property insurance market by the changing dynamics in the reinsurance market.