‘Price adequacy victory’ yet to be achieved: QBE International’s Harris
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‘Price adequacy victory’ yet to be achieved: QBE International’s Harris

Jason_Harris_QBE.jpg

Now is not the time to “celebrate a price adequacy victory” and a dramatic slowdown in rating momentum is unlikely amid ongoing economic uncertainty, according to QBE International CEO Jason Harris.

The executive, who joined QBE in October last year from Axa XL, said that the market had to be “very careful” about how it approached rating adequacy, noting that both loss experience and underlying uncertainty suggested that pricing still...

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