Copying and distributing are prohibited without permission of the publisher
Rate rises continue at July 1 renewals
01 July 2009
US reinsurance pricing at the July 1 renewals continued the trend set at the June 1 renewals, increasing by 10% to 15%, Aon Benfield reported.
Read more:
[Aon Benfield]
[July 1 renewals]
[rate increases]
US reinsurance pricing at the July 1 renewals continued the trend set at the June 1 renewals, increasing by 10% to 15%, Aon Benfield reported. The broker added that outside the US pricing trends were mixed at July 1.
In its Reinsurance Market Update – July 1, 2009, Aon Benfield reported that pricing and terms and conditions for property-catastrophe reinsurance in the US were similar to those experienced at June 1. Capacity for hurricane risk continued to be tight, although capacity demand eased as the Texas and Florida state-controlled insurers decided not to purchase reinsurance for the 2009 hurricane season.
Property per risk...
You must be logged in to view this page.
If you are already a registered user please log in here.
Alternatively, you can request a free trial or subscribe. For more information contact sdexter@euromoneyplc.com or call +44 (0) 20 7779 8223.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
