Reinsurance rates in Asia Pacific rise at 1 April renewals
The major renewal date for the Asia Pacific region saw reinsurance rates increase as the market continued to work through the impact of the events of 2011, according to a briefing by Guy Carpenter.
The 1 April renewals provided the first real indication of how the heavy catastrophe losses of 2011, two-thirds of which occurred in Asia, have affected reinsurance rates in Japan and the rest of the
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