Mixed 2012 renewals for global reinsurance market
The 1 January 2012 renewals saw a shift in industry behaviour as both insurers and reinsurers implemented more sophisticated, customised approaches to risk assessment and mitigation, according to Guy Carpenter.
In its 2012 global reinsurance outlook, the broker reported that reinsurers were in a position to undertake a major review of pricing and underwriting going into the renewal season. This led to
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