Rate increases outstrip claims inflation during Q1: Willis Re
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Rate increases outstrip claims inflation during Q1: Willis Re

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Continuing reinsurance and commercial insurance rate increases outstripped claims inflation during Q1, leading to improved ex-cat accident year combined ratios for the majority of carriers, according to Willis Re.

In a Q1 report, the intermediary tracked the performance of 17 of the world’s largest global (re)insurers, most of which delivered a better combined ratio in Q1 this year than in the year before.

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