October 29, 2004
Baden-Baden Reinsurance Meeting Likely to Focus on Rate Increases
Reinsurers are set to meet with brokers and cedants next week in Baden-Baden, the German city famous for its spa, to discuss renewal terms, and the main subject is likely to be premium increases.
The industry is now more than ever committed to producing satisfactory underwriting results. That means they are increasingly reluctant to underprice coverage, even for their biggest clients.
Posted by Tom Troceen