Head to head: reinsurers vs brokers
Reinsurers stick to rate rise mantra
Despite ominous signs that supply is outstripping demand, the
world's biggest reinsurers have been resolute at Monte Carlo
this year in insisting that prices will continue to rise at 1
January - a view that has few supporters when other carriers are
speaking privately.
Swiss Re insisted that "moderately increasing" prices were expected in the run-up to the reinsurance industry's biggest renewal date.
"Upwards pressure on prices for (re)insurance is likely to rise, as...
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