After "K", "R", and "W" had done their worst in 2005, the then-independent reinsurance broker Benfield coined a phrase to describe the "hard on top, soft underneath" market that followed at the 1 January 2006 renewals and beyond.
After "K", "R", and "W" had done their worst in 2005, the then-independent reinsurance broker Benfield coined a phrase to describe the "hard on top, soft underneath" market that followed at the 1 January 2006 renewals and beyond.