Overcapacity, benign losses and cheaper reinsurance are fuelling rate reductions of up to 30 percent for large corporate international insurance accounts, especially in the construction and mining sectors, according to a new report from Willis.
Overcapacity, benign losses and cheaper reinsurance are fuelling rate reductions of up to 30 percent for large corporate international insurance accounts, especially in the construction and mining sectors, according to a new report from Willis.