News Reinsurance02 Apr 2019

Reinsurance:1 April pricing highlights reinsurance market's stability and maturity -- Willis Re

| 02 Apr 2019

Reinsurers have adopted a rational rating approach at the 1 April 2019 renewal with price increases of up to 25% targeted towards loss-affected contracts and programmes. These rate increases were balanced by flat renewals for loss-free classes and programmes, according to the latest 1st View renewals report released yesterday by Willis Re, the reinsurance division of Willis Towers Watson, a leading global advisory, broking and solutions company.

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