Insight and Intelligence on the London & International Insurance Markets 24 Jan 2018
- 2 January 2018
The broad shape of the 1 January renewals is now clear. And although there is a bull case to be made around casualty and an uptick in elements of primary pricing, the outcome is broadly disappointing for a reinsurance market still disproportionately reliant on property to make money.
The relatively small increase in property rates adds further ballast to the argument, long in circulation, that the involvement of pension fund money in the sector is a cycle killer.
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