‘Tangible pricing momentum’ at reinsurance renewals outstripped by primary markets, says Willis Re

Rising reinsurance treaty terms and conditions are being outstripped by more significant changes in primary markets, according to Willis Re. “The impact of global commercial carriers and Lloyd’s repositioning their portfolios, in terms of price, conditions and capacity, is flowing through into most territories and classes, with an acceleration in the primary market from that previously observed,” states the reinsurer…

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