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$5bn+ non-Japanese bellwethers loom at 1 April

19 March 2012

P&C heavyweights Zurich Financial Services (ZFS), Chubb and Aviva are poised to renew more than $5bn of excess-of-loss (XoL) reinsurance limit on 1 April, but continue to be overshadowed by the loss-struck Japanese programmes also out in the markets.

However, without the interference associated with large Asia Pacific cat losses, they provide a more accurate litmus test of short-tail reinsurance rate momentum.

Aviva's restructured programme has firm order terms that are up by between 3 and 10 percent on 2011/12,...


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This article was published as part of issue March 2012/3

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