Embattled reinsurer PXRE Group Ltd revealed the damage slumping out of the A-rating range has already inflicted on its business, with a third of its clients cancelling contracts on 1/1 in-force business as of 13 March 2006.
Embattled reinsurer PXRE Group Ltd revealed the damage slumping out of the A-rating range has already inflicted on its business, with a third of its clients cancelling contracts on 1/1 in-force business as of 13 March 2006.