Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
D&F disappointment as loss-free rates show muted response at 1.4
- 20 March 2018
London property direct and facultative (D&F) underwriters have voiced frustration at the direction of 1 April renewal discussions, as it becomes clear that rate increases on loss-free business will lag expectations.
Sources told The Insurance Insider that while there had been big rating spikes on loss-hit accounts, pricing on loss-free, core portfolio business was not hardening as much as hoped.
"It's a two-speed market," one underwriter said. "The stressed parts of the book are in good shape but the more...
- If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
- Login Free trial