Willis Re 1st View – Pricing Floor Remains Elusive

Despite signs of price stabilization in peak property catastrophe zones during the June/July 2015 renewals, the hopeful forecasts for a “softening in the softening” at the January 2016 renewal season have proved illusory in all but a few cases. Buyers have yet again looked to their reinsurer partners for support in terms of reduced prices and broader coverage to help manage their portfolios as original rates have fallen across most markets and classes.

Willis Re 1st View – Pricing Floor Remains Elusive

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