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Measured softening at renewals: Willis Re
31 December 2009
Strong reinsurance underwriting profits, a recovery in the global investment markets and a lack of premium growth for primary underwriters have resulted in a disciplined softening of reinsurance pricing in the January 1 2010 renewal season, according to Willis Re.
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Strong reinsurance underwriting profits, a recovery in the global investment markets and a lack of premium growth for primary underwriters have resulted in a disciplined softening of reinsurance pricing in the January 1 2010 renewal season, according to Willis Re.
The latest edition of Willis Re’s 1st View series – titled Orderly Softening – found that reinsurers have generally maintained a...
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