Willis Re: Property cat XoL programmes improve at 1.4 but per risk ‘demanding’
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Willis Re: Property cat XoL programmes improve at 1.4 but per risk ‘demanding’

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The majority of property catastrophe excess of loss (XoL) programmes renewing at 1 April showed better ceded results than last year, but per-risk programmes have suffered due to increased frequency and severity of fires, according to Willis Re.

In its 1 April First View report, published today, the broker said that despite challenges in Q1 due to storm Uri and the impact of Covid-19 on full-year 2020 results, the April renewal this year followed trends set at...

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