"Rates went up less than reinsurers were hoping at 1.1 because there was too much capital."
That's from no one in particular, but it's a reasonable representation of the consensus from the 1 January renewals.
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"Rates went up less than reinsurers were hoping at 1.1 because there was too much capital."
That's from no one in particular, but it's a reasonable representation of the consensus from the 1 January renewals.