Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
Property D&F market pricing ‘schizophrenic’
- 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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