Willis Re’s Vickers: Reinsurance rates will not ‘fall off a cliff’
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Willis Re’s Vickers: Reinsurance rates will not ‘fall off a cliff’

Willis Re with James Vickers.jpg

Reinsurance rate increases are tapering off, but the recent influx of capacity will not cause pricing to “fall off a cliff” thanks to continuing market discipline, according to Willis Re’s James Vickers.

Speaking to this publication for the launch of the intermediary’s July First View report, Vickers said that reinsurers are refusing to undercut one another despite carriers being focused on achieving top line growth.

The

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