Insight and Intelligence on the London & International Insurance Markets 22 Jan 2018
Reinsurers see improvements on US casualty QS and XoL
- 9 January 2018
As the dust settles on the 1 January reinsurance renewals, further evidence has emerged of improving conditions for underwriters of US casualty and professional lines (PL) treaty business.
As previously revealed by this publication, a number of new quota shares have been agreed with ceding commissions below 30 percent, while several renewals have seen points given back to reinsurers on cedes.
Reinsurers have also made ground on several excess-of-loss (XoL) casualty placements, with accounts that have experienced loss development in...
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