Reinsurance rates will continue to decline

According to Willis, reinsurance rates will continue to decrease despite the recent natural catastrophes including Japan, Australia and New Zealand. According to the broker, these events are not sufficient to stop the cycle of falling prices.
Factors that could reverse the trend are the occurrence of other catastrophes, inflation and declining financial markets which may compel reinsurers to ameliorate their underwriting results.

Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits