Reinsurance prices sharply lower than expected
Today, Guy Carpenter is expressing his pessimism, referring to a decrease above 10%. According to the American broker, the high capacities available, coupled with the absence of major claims will have a more serious impact than initially expected.
Reinsurers are nonetheless called upon to remain careful not to underwrite loss-making business just for the sake of preserving their portfolio.
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Tue, 08/12/2015 - 14:20
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