Stability of the January 1st reinsurance renewals

Brokers Willis and Guy Carpenter have revealed that reinsurance renewals remained stable at January, 1, 2013.
Used with permission from Microsoft

The strong capitalization of the main reinsurers and the low 2012 loss experience are the main factors contributing to the stabilization of non-life reinsurance rates. Only a few classes of businesses such as marine and energy, and some regions that have been hit by major losses have witnessed tighter renewal conditions.

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