Optimism as P&C rates finally creep higher
Analysts have struck an upbeat tone on opportunities for P&C insurers in 2012 following a heavy cat loss year and a turbulent period for equity markets amid Eurozone financial stresses.
After the 1 January reinsurance renewal season - during which most property cat reinsurance programmes experienced modest price increases - analysts are optimistic of upwards momentum on pricing in US P&C rates and property cat reinsurance pricing.
Entering 2012, commercial P&C pricing had reached a "tipping point" with growing indications...
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