$7bn+ Zenkyoren firm order terms confirm rating hike
Giant Japanese mutual Zenkyoren has placed firm order terms in the market where it would pay around 65 percent more for its upper layers and circa 40 percent more for its combined quake and wind stretch, The Insurance Insider can exclusively reveal.
Click to enlarge
The headline rate-on-line (RoL) for the
industry's largest cat programme - where more than $7bn of cat
risk is transferred to the reinsurance industry - is up just over
50 percent.
According to sources familiar...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
