Special Factors Impacting the Reinsurance Market in 2005
- Topics:
- Insurance
- Source:
- Guy Carpenter & Company
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Overview: The reinsurance market at 1 January, 2005 renewals could, perhaps, best be described as moderately soft, with the emphasis on 'moderately'. For most lines of business, renewal rates were flat or down, but with decreases mainly restricted to single digits. Similarly, where there were increases, they also tended to be in the single-digit range. Looking ahead, we would anticipate the mild softening to continue in 2005 for the major renewals dates of 1 April, 1 June, and 1 July, barring a few special factors. This article examines some of the special factors.
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Format: PDF | Size: 217KB | Date: Mar 2005 | Pages: 1
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