Insight and Intelligence on the London & International Insurance Markets 24 Jan 2018

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Property D&F market pricing ‘schizophrenic’

  • Catrin Shi 12 December 2017
  • Brokers and carriers have described the property direct and facultative (D&F) market as "schizophrenic" as parties struggle to find common ground on rate increases for 1 January.

    Sources speaking to The Insurance Insider said there was a huge disparity in D&F renewal rates depending on loss history, territory and individual carriers' underwriting approach.

    However, double-digit rate increases are inevitable across the board, they added.

    "There is a concerted effort to regain some of the ground lost in rate reductions over...

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