Slide continues at April reinsurance renewals

Thu, 04/20/2017 - 23:08
by Reactions

The April 1 renewal period saw prices staying soft, according to Willis Re, with the same slight declines on already low levels seen in January continuing, with little evidence of a turnaround.

"It was pretty much as expected, that is a continuation of what we saw at January 1,” said James Vickers, chairman of Willis Re International, speaking at Lloyd's today for an Insurance Institute of London lecture.

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