Loss warranty pricing defies soft market in Q2
The industry loss warranty (ILW) sector was a rare pocket of
hard market conditions in the second quarter, bucking the general
soft market trend of falling premium prices and an over-supply of
insurance capacity.
For example, US wind ILW pricing on both first and second-event
instruments rose by about 20-30 percent over the second quarter,
according to Willis Re executive director Henry Kingham, writing in
Trading Risk's regular ILW quarterly
update.
In Q1 201
Click to enlarge
0, the average...
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