Reinsurance renewals: Readying for renewal
Source: Asia Insurance Review | Nov 2013
The annual reinsurance treaty renewal is here and it is getting more "crowded" with the Korean treaty renewals added too. While excess capacity is much bandied phrase, the good news is that most expect this excess capacity to be disciplined and not reckless. While pricing is certainly under pressure but the market is seen as stable and responsible with a view of building a sustainable future for all. Is there a winning formula? For all?
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